APARTMENT GARDEN OAK 82: A Solid Investment in Niseko's Bustling Hub
Presenting APARTMENT GARDEN OAK 82, a well-established apartment building located in the heart of Kutchan, Hokkaido. This property offers a prime opportunity for investors seeking a stable income stream in one of Japan's most popular winter destinations. The building is a two-story wooden structure with a zinc-galvanized steel plate roof, constructed in May 2002 (Heisei 14).
The property is equipped with essential utilities including water supply and sewerage, LPG, and kerosene systems. It features a total floor area of 251.1 square meters (approximately 75.96 tsubo) on a generous land plot of 264.47 square meters (80 tsubo). The building's layout consists of four separate 2LDK apartments, each currently generating a steady monthly rent of 70,000 yen, and the property is reported to be fully occupied, indicating strong tenant demand.
Strategically positioned within an urban planning area zoned as Category 1 Medium-to-High-Rise Residential, the building benefits from a 60% building coverage ratio and a 200% floor area ratio. It enjoys excellent frontage of 17.75 meters onto a municipal road with a width of 17.69 meters. The location is exceptionally convenient, being only about a 4-minute drive (approximately 1.02 km) from JR Hakodate Main Line's Kutchan Station, providing easy access to the wider Niseko area and beyond.