Property Overview: Vacant Land and Building in Onomichi, Hiroshima
This property, located in Onomichi, Hiroshima, is offered through a court auction. The listing consists of two parcels of residential land and a single-story wooden building. The land parcels are situated in the Inoshima Sanjocho area of Onomichi City. Parcel number 3 has a registered area of 97.61 square meters, while parcel number 4 has a registered area of 105.78 square meters. Both are zoned as Residential Class I, with a building-to-land ratio of 60% and a floor area ratio of 200%. The building, designated as property number 5, is a one-story structure with a wooden frame and a roof made of wood tiles and zinc-coated steel sheets. Its registered floor area is 41.60 square meters. The layout is classified as "Others." The building was constructed in January 1955. The land ownership is freehold. The property is currently a vacant lot. The base bid price is 1,140,000 yen, with a minimum bid of 912,000 yen. The gross yield is calculated at 38.8%. The auction is a sealed bid type, with the bid deadline set for June 16, 2026. The court handling the case is the Hiroshima District Court (Fukuyama).
