Investment Opportunity with Existing Tenants in Higashiura, Aichi
This property presents a unique owner-change investment opportunity in Higashiura, Aichi Prefecture. It is already tenanted, ensuring immediate rental income from the day of purchase. The property boasts good views and consists of two separate buildings. The first building is a two-story wooden structure built in April 1982 (Showa 57), with a total floor area of 102.67㎡ and a monthly rent of 78,980 yen. The second building is a two-story structure with a wooden and reinforced concrete frame, built in January 1984 (Showa 59). It has a total floor area of 54.70㎡ (the first floor is a garage) and generates a monthly rent of 64,000 yen. The combined annual projected rental income is 1,715,600 yen, yielding a high surface return of approximately 11.14%.
The main residence is a 5DK layout with Japanese-style rooms of 6 tatami mats each and a Western-style room of 8 tatami mats. The property is constructed of wood, stands two stories above ground, and sits on a land area of 264.46㎡. The land is designated as residential land within an Urban Planning Adjustment Area, with a building-to-land ratio of 60% and a floor area ratio of 200%. Utilities include electricity, tap water, and a septic tank. The property faces a 3.4-meter-wide public road to the southeast. For detailed confirmation, interested parties are encouraged to inquire directly.
The property is located in the town of Higashiura in Aichi Prefecture, an area known for its serene residential atmosphere within the Chita Peninsula region. An interesting local fact is that Higashiura is home to the "Birthplace of Miso" monument, commemorating the area's historical significance in miso production. The closest major tourist attraction is the Chita Peninsula itself, which offers scenic coastal views, beaches, and the popular resort area of Himakajima Island, known for its fresh seafood and relaxing onsens (hot springs).