Prime Land Parcel in Kadena Town with Investment Potential
This 325.29 square meter (approximately 98.4 tsubo) plot of land is located in the popular Yara district of Kadena Town, Okinawa. The land is designated as residential land (宅地) and is available for immediate transfer. A key feature of this property is its status as military land associated with Kadena Air Base, offering a unique investment opportunity. The annual lease fee for this land is 659,427 yen, and the asking price of 37,580,000 yen represents a multiple of 57 times this annual rent.
The property is situated in a non-line city planning area with no specified use district. The transaction is handled as an exclusive intermediary (専任媒介). The land benefits from convenient access, with the Yara bus stop approximately a 3-minute walk away. There is no private road burden (私道負担) associated with the plot. The land rights are for ownership.
Kadena Town is home to the Kadena Air Base, a central hub for U.S. Forces in Japan and a significant part of the local landscape and economy. The area offers a blend of American and Okinawan cultures. A major nearby landmark is the scenic Manzamo cliff formation in nearby Onna Village, renowned for its breathtaking ocean views and unique elephant trunk-shaped rock formation, making it a popular tourist destination.
