Building Plot in Tsuchiura, Ibaraki – Land for Sale with Building Contract Condition

This is a residential building plot located in Naka-Arakawaoki-cho, Tsuchiura City, Ibaraki Prefecture. The land has a surveyed area of 175.00 square meters (approximately 52.93 tsubo). The site is flat and is currently delivered as bare land. Utilities available at the site include propane gas, a public water supply, a public sewer system, and electricity. The property fronts a public road to the north, which is 6 meters wide. The land is zoned as a Category 2 Medium-to-High-Rise Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 200%.

The sale is conditional on the buyer entering into a building construction contract with Ibaraki Grandy House Co., Ltd. within three months of the land sale contract. If this contract is not concluded within that period, the land sale contract will be voided and all deposit money refunded. An additional cost of 89,900 yen is required for water main connection fees and administrative charges (exemption programs may apply). Legal restrictions include application of the Building Standards Act Article 22 zone and the Landscape Act. Power lines pass over the site. As JR East railway tracks run along the eastern side of the subdivision, noise and vibration from train operations and construction work may occur. The total development area is 4,002.07 square meters, with a total sale area of 700.00 square meters. Construction work was completed in March 2025. The property is sold in its current condition.