Prime Parking Lot Investment Opportunity in Naha City, Okinawa
This listing presents a substantial 1,107 square meter (approximately 334.87 tsubo) parking lot for sale, situated in the Matsukawa district of Naha City, Okinawa. The property is a prime investment asset, offering a stable, long-term income stream with minimal maintenance requirements compared to buildings, and without the concerns associated with tenant notifications. It is positioned as an excellent option for asset management or inheritance planning.
The land is designated as "Zasshuchi" (miscellaneous land) and is located within an urbanization promotion area. It faces east and has a building coverage ratio of 50% and a floor area ratio of 100%. The property comprises three separate land parcels. A key feature detailed in the agent's notes is the projected rental income: at full capacity, the estimated monthly revenue is ¥256,360, amounting to an annual income of ¥3,076,320.
For those considering alternative uses for the land beyond a parking lot, it is important to note that while the property has road frontage, the current road width is insufficient for construction. Expanding the road width would require purchasing adjacent land.
