Property Overview: Land and Building in Kamakura, Kanagawa
This property listing from a court auction presents a unique opportunity in Kamakura, Kanagawa Prefecture. The asset comprises two parcels of residential land and a wooden two-story building with a slate roof. The total land area across the two lots is 347.46 square meters, with the building constructed in April 2006. The building's total floor area is 112.41 square meters, featuring a 3LDK layout. The property is located in the Gokuraku-ji area of Kamakura, approximately 350 meters north of the Gokuraku-ji Station on the Enoshima Electric Railway line.
The property is subject to zoning regulations as Class I Low-rise Residential, with a building-to-land ratio of 40% and a floor area ratio of 80%. The base bid price is set at 12,900,000 yen, with a minimum bid price of 10,320,000 yen. The property is currently occupied, and the sale is a court-ordered sealed bid auction with a bid deadline of June 30, 2026. The gross yield is listed at 6.1%, with a cap rate of 4.4%. The listing notes that the ratio of years passed to depreciable years is 90%.
