Kutchan Grand Deal A & B: A Prime Development Opportunity in Hokkaido

This listing presents a significant development opportunity in the sought-after town of Kutchan, Hokkaido. The property, named Kutchan Grand Deal A & B, is a land parcel with two existing wooden-built, vinyl-siding, two-story apartment buildings constructed in 2012 (Heisei 24). The land itself is a substantial 991.73 square meters (approximately 300 tsubo) and is advantageously situated on a three-sided road frontage, connecting to National Route 5 and two municipal roads.

According to the agent's notes, the property's equipment includes essential utilities: water supply and sewerage systems are already in place. The land is within an urban planning area and zoned as a Quasi-Industrial District, offering flexibility for various uses with a building coverage ratio of 60% and a floor area ratio of 200%. The transaction is handled as an intermediary sale, with the handover date open for consultation.

The two existing buildings are both classified as apartment complexes. Building A has a total floor area of 380.6 sqm (115.13 tsubo) and was newly built on September 11, 2012. Building B has a total floor area of 359.49 sqm (108.74 tsubo) and was newly built on July 27, 2012. Their location offers excellent accessibility, being only about a 4-minute drive (approximately 1.69km) from JR Hakodate Main Line's Kutchan Station.