Prime Land with Leasehold Rights in Tokyo's Prestigious Minato Ward
This is a substantial land parcel of 363.64 square meters (approximately 110 tsubo) located in the highly desirable Nishi-Azabu 4-chome, Minato Ward, Tokyo. The property is offered with a leasehold right under the old Land Lease Law. A critical detail from the agent's notes is that the site is subject to an old law leasehold right, valid until February 9, 2032, with a monthly lease payment of 239,694 yen.
The land is a southeast corner lot, ensuring excellent sunlight. It comes with no building conditions, providing the future owner with complete freedom to choose their preferred house builder or contractor for construction. The plot has a building-to-land ratio of 60% and a floor area ratio of 300%, designated within a Category I Medium-to-High-Rise Exclusive Residential Zone. The land fronts a public road to the east (approx. 4.6m) and a private road to the south (approx. 2.9m), and includes an additional approximately 11.23 square meters of private roadway.