Land for Sale in Kadena Town, Okinawa with Future Residential Development Potential
This property is a plot of land for sale in the Yara district of Kadena Town, Okinawa Prefecture. The land area is 105.38 square meters (approximately 31.88 tsubo). The listed price is 9,620,000 JPY. The land is currently classified as farmland (畑) but is anticipated for future conversion to residential use, as indicated by the '宅地見込み地' (residential land prospect) designation. A critical point for potential buyers is that this is a military-leased land (軍用地) with a leasehold multiplier of 54x and an annual lease fee of approximately 178,182 yen. It is noted that there is no scheduled return (返還予定なし) of the land from military use, providing a degree of long-term stability for the leasehold arrangement.
According to the agent's special notes, which must be translated and incorporated: "After the contract is concluded, the land will be subdivided and then delivered. Therefore, the area and lease fee may increase or decrease slightly." This is essential information, meaning the final delivered plot size and associated annual lease cost could vary from the current figures after the legal subdivision process is complete.
The property is handled by the exclusive agent, Treasure House Co., Ltd. The transaction type is exclusive intermediary (専任媒介). The specific delivery date and other urban planning details are listed as subject to consultation.
The area of Kadena is deeply influenced by the presence of the Kadena Air Base, one of the largest US military facilities in the Asia-Pacific region. An interesting historical fact is that the base was originally built by the Imperial Japanese Navy in 1944 and was subsequently seized and expanded by US forces during the Battle of Okinawa. For tourists, a major attraction nearby is the Okinawa Churaumi Aquarium, one of the largest aquariums in the world, located about an hour's drive north in Motobu. It is famous for its massive Kuroshio Tank housing whale sharks and manta rays.
