Kabayama Commercial Kabayama


Sold Feb 2013
Floor Area: 36m²
Land Area: 661m²
Bedrooms: 0.0
Bathrooms: 0.0

Description

Office for sale in near Hirafu with solid tenant at fixed return of 7.5%. This is an excellent investment/income generating property. This brand new office was completed in May 2010 and is located about 1.8 km from the main Hirafu Village along route 343. The land area is exactly 200 tsubo (661.20 sqm) and adjoins route 343. The office is currently tenanted by a Japanese real estate company/developer who will sign a new 2-year fixed term lease with the buyer upon completion of purchase. The building has two main rooms; one large room with a kitchen and toilet and one separate meeting room. The sale also includes two pre-fabricated storage units. The land is mainly new asphalt with a turfed area at the back near the road. There is also a wooden deck on the front of the property. This is a rare chance to secure a property close to the ski hills in Niseko with an excellent return on investment. The piece of land is suited for future development, resale or to hold as an income generating property. After the first two years, the standard return would be approximately 6% (based on current rental value and sales price).


Location

Features

  • Mt. Youtei View
  • Balcony