Land for Sale in Naha with Existing Lease Income
This is a substantial land parcel for sale in the Kamino'ya 1-chome area of Naha City, Okinawa. The total land area is 2,025.65 square meters (approximately 612.76 tsubo). The property is currently generating significant annual lease income of approximately ¥11,029,664. The land is subdivided into sections: a red-bordered section of 1,184.31 square meters is under sole ownership, while a blue-bordered section of 841.34 square meters represents a fractional ownership share of 2/8ths of the whole. The land is designated for residential use and is located within the city planning urbanization area, with a building coverage ratio of 60% and a floor area ratio of 200%.
Critical agent notes have been provided. The special remarks detail the leasehold period for the existing tenant: from December 1, 2003, to November 30, 2053. Furthermore, the per-tsubo unit price for this lease is ¥1,500. The land is flat, fronting a road over 6 meters wide, and has connections to both public water and sewer systems.
The area of Kamino'ya in Naha offers convenient urban living. An interesting historical fact about Naha is that it was the capital of the Ryukyu Kingdom for centuries, a prosperous trading nation with cultural influences from across Asia. The closest major landmark is the UNESCO World Heritage site of Shuri Castle, the former palace of the Ryukyu kings, located just a few kilometers away and offering a profound glimpse into Okinawa's unique history.
