Military Land Investment Opportunity in Okinawa City
This listing presents a unique investment opportunity: a 298-square-meter plot of military land located in Okinawa City's Ikehara district. The property is part of the Okinawa Training Area, specifically designated for use by the Japan Ground Self-Defense Force (JGSDF). The land is offered for sale at a price of 3,668,000 yen.
Critical details from the agent's notes are as follows. The equipment/facilities are listed as 'Military Land'. Special remarks clarify that this is a military land sale property in Okinawa City, Ikehara. It is part of the Okinawa Military Land, specifically the 'JGSDF Okinawa Training Area 298㎡'. The annual lease fee for the land is 81,514 yen, with a multiplier of 45. Both the annual lease fee and the fixed asset tax will be prorated and settled at the time of transaction completion. Importantly, there are no plans for the land to be returned (i.e., it is not scheduled for reversion). The agent encourages interested parties to visit their website for further details and to feel free to inquire.
The area, Okinawa City, is a central hub on the main island of Okinawa, known for its blend of local culture and modern conveniences. An interesting historical fact is that the city is home to the Okinawa City Athletic Park, which was a key venue for the 2017 Asian Masters Athletics Championships. The closest major landmark is the iconic Okinawa Prefectural Peace Memorial Museum and the surrounding Peace Memorial Park in Itoman City, a profound site dedicated to reflecting on the history of the Battle of Okinawa and promoting peace.