Route 5 Residence & Commercial



JPY 32,300,000

  • 3+1 Bedrooms
  • 2 Bathrooms
  • 250.75㎡
  • 264.62㎡
  • 1989

Time To:

Kutchan Station - Driving 3 min

Hanazono Ski Lifts - Driving 10 min

Kutchan main road land with holding income! Route 5 Residence & Commercial consists of an older building with a spacious three bedroom apartment, a fully furnished one bedroom apartment, a commercial space currently housing a barber shop, and a two car garage. The building has a total floor area of 250.75 ㎡ and sits on a 264.62 ㎡ (approx. 80.04 tsubo) plot. Fully tenanted the property could generate an annual rental income of around 2 million JPY, being 6.2% gross yield based on list price. This is very handy holding income until the site is eventually redeveloped Conveniently located on Route 5, Kutchan's main thoroughfare, with high visibility. The property is within a 3-minute drive of Kutchan Station and a 10-minute drive to the Hanazono ski resort. The property will passed to the new owner with vacant possession.

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