Forest River Town Haraizu Station South: Building-Connected Land in Kikuyo Town

This is a building-connected land parcel sale by Sumitomo Forestry, offering two plots within the Forest River Town Haraizu Station South development. The property is located in Kikuyo Town, Kikitsu District, Kumamoto Prefecture. The land is situated an 8-minute walk (approximately 580m to 640m) from Haraizu Station on the JR Hohi Main Line, and also an 8-minute walk from the "Haraizu Station" bus stop served by the Sanko Bus company. This large-scale residential development comprises 143 total plots, with two plots currently available for sale. The land is priced at 20.3 million yen for one plot and 22.5 million yen for the other, representing the price for the land only. The land areas are 211.27 square meters (approximately 63.90 tsubo) and 217.09 square meters (approximately 65.66 tsubo), as per the registry. The building coverage ratio is 40%, and the floor area ratio is 80%. The land is currently vacant, with road width of 6 meters, paved with asphalt. The development was completed in October 2024. The land rights type is freehold (ownership). The property falls within an urbanization control area. There is a minimum site area restriction, and a "Recommended Townscape Guideline" is established for this development to create a pleasant streetscape, which the buyer must adhere to. Utilities include Kyushu Electric Power, city gas, and public water and sewer systems. A community hall construction cooperation fee of 150,000 yen is required. As a building-conditioned land sale, the buyer must enter into a building contract with Sumitomo Forestry within three months of the land purchase agreement. If a building contract is not concluded within this period, the land sale contract will be voided, and all deposits (excluding stamp duty) will be returned without interest. The property is conveniently located near Semicon Techno Park, and the area features a quiet residential atmosphere with well-maintained streets. The development includes a park within the subdivision, suitable for families. Nearby amenities include Kikuyo Kita Elementary School within a 15 to 17-minute walk. The land is a corner plot (119号地) with a south-west orientation, ensuring good sunlight and ventilation, while the other plot (122号地) faces a south-side road, allowing ample sunlight. The plots are relatively well-shaped, allowing for efficient use of the land.