Investment Opportunity in Kadena: Land Near the Popular Kadena Air Base
This listing presents a unique investment opportunity: a 60 square meter plot of land located in the Noso district of Kadena Town, Okinawa Prefecture. The land is classified as "miscellaneous land" (雑種地) and is situated near the runway of the popular Kadena Air Base. A critical point for investors is that there is currently no scheduled return of this land from military use, making it a recommended option for portfolio diversification and inheritance tax planning strategies.
The property is priced at 5,486,000 JPY. Key financial details include a surface yield of 2%, with the current military land lease fee (軍用地料) experiencing an annual increase of approximately 1%. The current annual lease fee is 103,524 yen. The price-to-lease multiple is 53x. It is important to note that all ownership transfer costs will be the responsibility of the buyer. There will be no settlement adjustments for the military land lease fee or fixed asset tax for the fiscal year Reiwa 7 (2025).
Special Notes from the Agent (Translated): "This is the popular Kadena Air Base! It offers a surface yield of 2% and currently has an annual 1% increase in the land lease fee. How about this for a stable long-term investment?!! If you have any other concerns, please feel free to contact us!!"
The land has a building coverage ratio of 60% and a floor area ratio of 200%. It is located outside an urban planning area and has no designated use zone. There is no private road burden. The property is handled as an intermediary transaction.
