Investment Opportunity: Spacious Land with Existing Rental House in Kasaoka, Okayama
This property presents a unique investment opportunity in Kasaoka City, Okayama Prefecture. Currently operating as a rental property, it offers immediate income potential with a stable tenant in place. The land is substantial, measuring 259.44 square meters (approximately 78.48 tsubo), providing ample outdoor space and future possibilities. The existing house, built in July 1983, is a two-story wooden structure with a total floor area of 53.84 square meters (approximately 16.29 tsubo) and features a 3K layout, suitable for a small family or individual tenant.
Critical agent notes have been provided. The special notes specify: 'Parking for 3 or more vehicles. One parking space is free.' This is a significant feature, indicating the property can accommodate multiple cars, which is a valuable asset for tenants and adds to the property's utility and appeal.
The property is situated in the Tomioka district of Kasaoka. The area is designated as a Quasi-Industrial Zone, offering a mix of residential and light commercial uses. It is a non-lineated urban planning area. The building-to-land ratio is 60% with a floor area ratio of 200%. The land is registered as residential land (宅地) and is flat, with road frontage to the southeast. Ownership is freehold (所有権).
Kasaoka City is part of Okayama Prefecture, known for its mild climate and historical significance. An interesting local fact is that Kasaoka is famous for its traditional 'Kasaoka Bay' aquaculture, particularly for oysters and nori seaweed. The city offers a blend of coastal living and rural charm. The closest major tourist attraction is the iconic Kurashiki Bikan Historical Quarter, located approximately 40 kilometers away. This beautifully preserved canal area with its white-walled warehouses and willow trees is a major cultural destination and a designated Important Preservation District for Groups of Traditional Buildings.
