Commercial Investment Opportunity in Niseko Hirafu

This property presents a commercial unit located on the first floor of the well-known KiraKira building in upper Niseko Hirafu, offering a leasable area of approximately 130 square meters. The unit benefits from excellent street visibility and is situated in an area where commercial spaces of this size and quality are rare due to strict zoning regulations and limited supply.

A simultaneous sale and leaseback arrangement is executed upon transaction completion, providing immediate income. The seller's operating company enters a fixed-term lease, securing a net yield roughly 5% above market rates for the entire lease period. The tenant, a resort management company with a long history in Niseko, also handles building management and covers management and common area fees (approximately 1,500,000 yen annually) along with standard operating expenses, significantly reducing owner responsibilities. Owner costs are limited to fixed asset tax and owner's insurance (about 500,000 yen per year).

The property is situated in the high area of Niseko Hirafu, ensuring year-round foot traffic and good visibility, with proximity to accommodation, retail, and resort infrastructure. This is suited for investors seeking stable returns with professional management and a long-term position in the Niseko commercial market. The listed price includes Japanese consumption tax applicable to the building portion. Viewing is by appointment.