Prime Development Land in Tokyo's Prestigious Bunkyo Ward
This is a rare opportunity to acquire a prime plot of development land in the heart of Tokyo's Bunkyo Ward. The property is a vacant lot with an existing old house, offering a blank canvas for a new residential or commercial project. The land area is 91.83 sqm (approximately 27.77 tsubo), situated in a highly accessible and desirable location.
Critical agent notes provide essential details for developers. The road access situation is detailed as follows: it is a two-sided road (excluding corner lots). To the northwest, there is an 18-meter wide public road with a 12-meter frontage, and no designated position. To the southeast, there is a 5.8-meter wide road. Furthermore, the remarks note that the land is flat and measures 91.83 sqm. However, it is important to be aware that an urban planning road is planned to run through the site, which is a crucial factor for any development plans.
The property is located in the Senkoku 2-chome area of Bunkyo, a mere 7-minute walk from the Toei Mita Line's "Senkoku" Station. The land is zoned as a Commercial District within the Urbanization Promotion Area, with a high floor area ratio of 400% and a building coverage ratio of 80%, allowing for significant development potential. Ownership is freehold (full ownership rights), and there are no specific building conditions attached, making it a flexible investment.
