Land for Sale in Ginowan City, Okinawa with Existing Rental Income
This 247.29 square meter plot of land is currently available for purchase in Ginowan City's Oyama 1-chome district. The property is strategically located along Route 58 and also fronts a pipeline road, ensuring excellent access. The surrounding area is designated as a commercial zone, offering potential for a wide variety of business uses. The land is currently generating a monthly rental income of 120,000 yen. The agent's special notes provide critical information: a price reduction of 2 million yen is possible if the settlement is completed within the current year. Furthermore, the property is currently under a lease agreement (prospective buyers are encouraged to consult freely about the land's intended use). Please note that the second floor of the existing structure is unregistered, so the total building area is unknown.
The land is flat and benefits from access to two or more transportation lines, with no buildings directly in front. Utilities include both water supply and sewer systems. An older house currently exists on the premises, presenting an opportunity for redevelopment. After demolition, the buyer can utilize the land for their preferred purpose, making it a versatile investment or development project.
The area of Ginowan is a dynamic part of central Okinawa. An interesting local fact is that Ginowan is home to the Okinawa Convention Center, a major venue for international events and exhibitions. The city also offers convenient proximity to some of Okinawa's most famous coastal attractions, such as the popular Sunset Beach, known for its stunning views and recreational activities.
