Investment Opportunity in Koka City, Shiga Prefecture
This property is a two-story, light steel-framed house built in April 1982, located in the quiet area of Yamanaka, Tsuchiyama-cho, Koka City, Shiga Prefecture. The house features a 2DK layout with a total floor area of 64.62㎡ (approximately 19.54 tsubo). The land is a substantial 700.41㎡ (approximately 211.87 tsubo) and is designated as residential land within a Category I Low-Rise Exclusive Residential District in a urbanization promotion area, with a building-to-land ratio of 60% and a floor area ratio of 200%.
According to agent notes, the property is currently tenanted, ensuring immediate rental income upon purchase. The annual projected rental income is 508,500 yen, which translates to a high projected annual yield of 20.34%. The transaction is a standard intermediary sale. The property comes with parking and other standard features. The floor plan is prioritized to reflect the current condition of the property.
The area of Tsuchiyama-cho in Koka City is rich in history and nature, historically known as a post town on the Tokaido road. A notable nearby landmark is the Suzuka Quasi-National Park, which offers beautiful mountainous landscapes, hiking trails, and is part of the larger Suzuka mountain range, providing excellent opportunities for outdoor recreation just a short drive from the property.
