Prime Investment Opportunity: Expansive Land Parcel within Camp Hansen, Okinawa

This listing presents a substantial land investment opportunity within the secure confines of Camp Hansen, a major U.S. military installation in Kin Town, Okinawa. The property is a sizable plot of 5,640.88 square meters (approximately 1,706.36 tsubo) of undeveloped land, currently designated as wilderness. It is offered at a price of 147.96 million yen. A key feature of this listing is that the seller is the listing agency itself, meaning no brokerage commission will be charged to the buyer.

The land is classified as military-use property (軍用地) with a current lease multiplier of 43x and generates an annual ground lease fee (地料) of approximately 3,439,584 yen, translating to a yield of 2.32%. The agent notes highlight this as a stable investment asset in a low-interest-rate environment. Critical remarks from the agent, which must be carefully considered, include the following translated details: Delivery after land subdivision (分筆後引渡), Prorated calculation of fixed asset tax for Reiwa 8 (2026) (令和8年固定資産税日割り計算), Settlement of the ground lease fee for the Reiwa 8 fiscal year (令和8年度地料精算), and Registration fees to be borne by the buyer (登記費用買主負担).