Spacious Land Plot in Okinawa City with Existing Rental Income
This substantial land parcel, located in the Noborikawa area of Okinawa City, Okinawa Prefecture, presents a significant development opportunity. The property spans a generous 1110.74 square meters (approximately 336 tsubo) and is currently utilized as a yard, generating a steady annual rental income of 400,000 yen. The timing for vacating the current tenant is negotiable, offering flexibility for future plans.
Critical infrastructure details, as provided in the agent's notes, are essential for consideration. The property has access to a public water supply from the front road. However, there is no public sewerage system; the site is suitable for the installation of a private septic tank (浄化槽). The land is primarily flat with some sloped sections. It is situated outside of urban planning zones, offering fewer regulatory restrictions, with a designated building coverage ratio of 70% and a floor area ratio of 200%. The land category is forested land (山林), and the transaction is an exclusive agency listing.
The Noborikawa district in Okinawa City offers a blend of suburban living with access to the vibrant culture of central Okinawa. An interesting historical fact about the area is its proximity to former US military bases, which have influenced the local culture and cuisine, creating a unique fusion. The closest major tourist attraction is the Okinawa Zoo & Museum (Okinawa Kodomo no Kuni), a family-friendly destination featuring diverse wildlife, botanical gardens, and cultural exhibits, located just a short drive away.
