Prime Development Land in Tomigusuku, Okinawa
This substantial 1,420 square meter (approximately 429 tsubo) plot of land presents a significant development opportunity in the sought-after area of Onaga, Tomigusuku City. The property is offered for lease under a fixed-term land lease contract, with a monthly rent of 257,730 yen. A security deposit equivalent to three months' rent is required, but there is no key money (reikin). The transaction is handled under an exclusive dedicated agency arrangement.
Critical agent notes provide essential details for prospective lessees. The listing's remarks state: "A substantial 429 tsubo! The conversion from agricultural land will be handled by the lessee, but the development costs will be basically borne by the lessor!" This is a crucial point, indicating that while the tenant is responsible for the administrative process of changing the land's zoning from agricultural use, the physical costs of preparing the site (grading, infrastructure, etc.) are primarily covered by the landlord, potentially representing considerable savings.
The area of Onaga in Tomigusuku City offers a strategic location within Okinawa Prefecture, providing a balance of accessibility and potential. An interesting fact about Tomigusuku is that it is home to the Okinawa Prefectural Peace Memorial Museum and the Cornerstone of Peace, a monumental park dedicated to honoring all those who lost their lives in the Battle of Okinawa, regardless of nationality. The closest major tourist attraction is the impressive Shuri Castle, a UNESCO World Heritage site and the former palace of the Ryukyu Kingdom, located a short drive away in Naha.
