Investment Opportunity in Ginowan City, Okinawa
This property presents a compelling investment opportunity in the popular Ginowan City area of Okinawa. The listing is for an owner-change property, indicating a transfer of ownership. The building is a reinforced concrete block (RCB) structure built in April 1995, making it approximately 30 years old. It sits on a land area of 148.22 square meters (44.83 tsubo) with a building area of 78.66 square meters (23.79 tsubo). The land is designated as residential land within a urbanization promotion area and a Category I Medium-to-High-Rise Exclusive Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%.
Critical agent notes have been provided and must be included. The remarks state: 'Surface yield 3.3%. Fixed-term lease with 9 years remaining. Cannot be viewed internally because it is occupied; recent interior photos are available.' This information is vital for potential investors, outlining the current financial return, the existing lease structure, and the viewing conditions.
The property is equipped with separate bath and toilet facilities and includes air conditioning. It is noted as being near a university or vocational school and is suitable for families. There is no private road burden, and the transaction form is from the seller. The property is available for immediate handover.
Ginowan City is a vibrant central municipality on Okinawa's main island, known for its mix of residential, commercial, and cultural spaces. An interesting fact about the area is that it is home to the Okinawa Convention Center, a major venue for international events and exhibitions, showcasing the prefecture's growing role in global business and tourism. The closest major landmark is the iconic Okinawa Convention Center, situated near the scenic Ginowan Seaside Park.
