Military Land Investment Property in Kadena Town, Okinawa
This property is a military land investment opportunity located in Kadena Town, Okinawa Prefecture. It is situated within the Kadena Air Base area, specifically in the Noyama district of Kadena Town, and covers a land area of approximately 200 square meters (about 60.5 tsubo). The land is classified as miscellaneous land with the prospect of residential land designation, and it is being sold as a single-ownership plot near the runway, making it a unique income-generating asset.
The annual land lease fee for this property is 345,082 yen, and the multiplier rate is 48 times. The total purchase price is 16,560,000 yen. Various fees are associated with the transaction: the ownership transfer registration cost is to be split between the seller and buyer, with the amount currently under confirmation. If a bank loan is used, additional mortgage setting costs will be incurred. The fixed asset tax for the year Reiwa 8 is 36,407 yen. A revenue stamp fee of 10,000 yen is required for the contract. The brokerage fee is 379,000 yen. The annual land lease fee and fixed asset tax will be prorated at the time of settlement. There is no plan for the land to be returned.
The property is located a 14-minute walk from the Yara bus stop. The building coverage and floor area ratios are not specified. There is no private road burden and no setback area. The land can be delivered immediately, and there are no building conditions attached. The land use zone is unspecified, and the city planning area is non-drawn. The property is currently listed as available for sale, and the transaction is through a brokerage.
