Investment Opportunity in Kadena: A Stable Military Land Lease
This property presents a unique investment opportunity in the form of military land (軍用地) located in the Noguni area of Kadena Town, Okinawa Prefecture. The plot spans 128 square meters and is offered for sale at a price of 11.52 million yen. As a land investment, it requires no building maintenance, offering a hands-off approach to generating income.
Critical agent notes provide a compelling financial comparison: If you were to deposit 11.52 million yen in a bank, the annual interest received at a 0.02% deposit rate would be only 2,304 yen. In contrast, the annual lease fee (借地料) for this military land for the Reiwa 7 fiscal year is 221,208 yen—approximately 96 times the bank interest. This highlights the property's potential as a stable investment with reliable lease income and no need for troublesome upkeep or management. The listing confirms that purchase of a single plot is possible, and interested parties are encouraged to ask staff for further details.
The property is situated in Kadena Town, a central Okinawan community with a significant historical and present-day connection to aviation. The area is conveniently located, with the Kadena Town Hall bus stop approximately a 2-minute walk away. A major landmark in the vicinity is the Kadena Air Base, one of the largest and most strategically important US Air Force installations in the Asia-Pacific region. While the base itself is not a tourist attraction, its presence has shaped the local culture and economy for decades.
