Investment Opportunity: Ginowan City Military Land Parcel
This listing presents a unique investment opportunity in Ginowan City, Okinawa. The property is a 261 square meter parcel of military land located in the Aniya area. The asking price is set at 22,000,000 yen. According to the agent's special notes, this is a military land sale and purchase property. The annual lease fee for the land is approximately 460,000 yen, with a multiplier of about 48 times. The fixed asset tax for the property is 58,826 yen.
The land is designated as "zasshuchi" (miscellaneous land) and there is no private road burden. The transaction form is exclusive dedicated agency. This land parcel offers potential for investors looking at the specific dynamics of military-leased properties in Okinawa, which can provide a steady income stream from the lease fees.
The Aniya district in Ginowan City is situated in central Okinawa, offering convenient access to various parts of the island. An interesting historical fact about Ginowan is that it was the site of a major battle during the 1945 Battle of Okinawa, and today it is a modern city hosting a mix of residential, commercial, and U.S. military facilities. The area is also within a reasonable distance from major Okinawan attractions, such as the stunning Sunset Beach, known for its beautiful views and recreational activities.