Investment Land Parcel Adjacent to Japan Ground Self-Defense Force Naha Garrison
This listing presents a unique investment opportunity: a 114 square meter (approximately 34.48 tsubo) land parcel designated as "miscellaneous land" with a classification for residential use. The property is situated adjacent to the Japan Ground Self-Defense Force's Naha Garrison in Sumiyoshi-cho, Naha City, Okinawa Prefecture. The land is currently leased, offering a stable and appreciating income stream for investors.
Critical agent notes provide essential financial and legal details. The property name is "陸自・那覇駐屯地" (Japan Ground Self-Defense Force Naha Garrison). The asking price is 26,830,000 yen. The current lease has a multiplier of approximately 49 times, generating a monthly rental income of about 547,724 yen. The annual fixed asset tax for the Reiwa 7 fiscal year is 43,570 yen. The land category is "雑種地 (種別: 宅地)" or miscellaneous land (type: residential land). Land fees and public charges will be prorated upon sale. Membership in the landowners' association is not possible for this parcel. The seller will bear the cost of land subdivision, while the buyer is responsible for the ownership transfer registration fees. Importantly, there is no scheduled return of the land (返還予定無し), indicating the lease is secure. The title is under a single name. The brokerage commission is 3% + 60,000 yen + tax. The agent encourages inquiries.
The Sumiyoshi-cho area in Naha is a dynamic urban district. An interesting local fact is that Naha served as the capital of the Ryukyu Kingdom for centuries, and its influence is still felt in the region's distinct culture and architecture. The closest major landmark is the iconic Shuri Castle, a UNESCO World Heritage Site and a reconstructed palace of the Ryukyu Kingdom, located just a few kilometers away. This area offers a blend of modern city life and deep historical significance.
