Corner Lot Investment Property with Existing Rental Income in Uruma City
This property is a concrete block (CB) structure built in October 1976, situated on a corner lot with easy access from Prefectural Route 8. The land area is a generous 240.51 square meters (approximately 72.75 tsubo), with a building area of 157.5 square meters (approximately 47.64 tsubo). The land is designated as residential land within a Category I Low-Rise Residential Zone, with a building-to-land ratio of 50% and a floor area ratio of 100%. The site has road frontage to the north (4m width) and south (3m width).
This property is presented as an income-generating investment. A key feature is that the second floor is currently rented out for 78,000 yen per month. The first floor is also available for rental, with a potential monthly rent of around 100,000 yen. The agent notes highlight that this property is highly recommended for future use as rental accommodation for military personnel, given its location. Furthermore, an adjacent plot of land (approximately 30 tsubo) is currently under a loan-for-use agreement as a parking lot.
The area of Uruma City, located in central Okinawa, is known for its blend of residential convenience and natural beauty, being composed of several former towns and cities merged across multiple islands. An interesting local fact is that Uruma City is home to the Mid-Sea Road, a series of causeways and bridges connecting four islands, offering spectacular ocean views. The closest major tourist attraction is the Katsuren Castle Ruins, a UNESCO World Heritage site with a rich Ryukyuan history, located a short drive away and providing panoramic views of the East China Sea.
