Land for Sale in Wakabayashi 2, Setagaya-ku

This is a land property for sale located in Wakabayashi 2-chome, Setagaya-ku, Tokyo. The property is priced at 130,000,000 yen and has a land area of 175.18 square meters, which is approximately 52.99 tsubo. The site is a well-shaped, flat plot with a frontage of about 15.3 meters, offering good sunlight exposure. The building coverage ratio is 60 percent, and the floor area ratio is 150 percent. The land is situated in a Category 1 low-rise residential exclusive district and a quasi-fire prevention district, with regulations under the Landscape Law. The property includes an existing old building. The land rights are leasehold (old law) with a new lease term of 20 years. The monthly ground rent is 62,188 yen. Utilities available include public water supply, public sewer, and city gas. There are no building conditions attached. The delivery date is negotiable. The property is a 14-minute walk from Sangenjaya Station on the Tokyu Den-en-toshi Line and a 3-minute walk from Wakabayashi Station on the Tokyu Setagaya Line. The address is Wakabayashi 2, Setagaya-ku, Tokyo.