Land for Lease in Takadanobaba, Shinjuku: A Prime Development Opportunity
This listing presents a substantial land plot available under a leasehold right in the highly desirable Takadanobaba 1-chome area of Shinjuku Ward, Tokyo. The site offers a generous land area of 225.28 square meters (approximately 68.14 tsubo), including a set-back of about 5.13 square meters. It is situated in a First Category Medium-to-High-Rise Exclusive Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 300%, though this is restricted to 160% due to the width of the fronting road. Notably, there are no attached building conditions, providing the future lessee with the freedom to select their preferred house builder or architect for development.
Critical information from the agent's notes details the specific leasehold terms. The land is under an Old Law Leasehold Right (a leasehold right). The lease period is for 20 years, ending on September 30, 2029 (Reiwa 11). The monthly lease fee is 49,450 yen. This is a crucial detail for any potential developer or investor to consider in their financial planning.
The location boasts exceptional multi-line access, placing residents within easy reach of central Tokyo. The closest station is the Tokyo Metro Fukutoshin Line's Nishi-Waseda Station, just a 3-minute walk away. The Tokyo Metro Tozai Line and Seibu Shinjuku Line's Takadanobaba Stations are within a 5 to 7-minute walk, with the JR Yamanote Line's Takadanobaba Station an 8-minute walk. The immediate vicinity offers daily conveniences, including a Seiyu supermarket within a 5-minute walk and Suwa Park just 2 minutes away on foot.
