Spacious Single-Story Home on Elevated Land in Okinawa City
The house itself offers a total floor area of 103.24㎡ with a functional 3LDK layout, comprising three bedrooms, a living room, dining room, and kitchen. Built in September 1962, it is a single-story (平家建) structure located on elevated land, which can offer advantages such as better views and drainage. The land rights are designated as leased land (借地), with an annual lease fee of 252,000 yen and a title transfer fee of the same amount. The current tenant pays a monthly rent of 55,000 yen, resulting in a surface yield of approximately 14.66%. The property is situated in a Category I Residential Zone under urban planning regulations.
The location in Okinawa City's Morimisato 3-chome offers convenient access, with the Yamazato bus stop approximately a 5-minute walk away. The area is served by Nakano-cho Elementary School and Yamauchi Junior High School. Please note that due to the property being tenanted, interior viewings are not possible; only the exterior and surroundings can be inspected.
The surrounding Okinawa City area is a vibrant hub in central Okinawa, known for its mix of local culture and modern conveniences. An interesting fact is that the city is home to the Okinawa City Athletic Park, a major sports complex that has hosted international events. The closest major landmark is the expansive and historically significant Kadena Air Base, one of the largest US military installations in the Asia-Pacific region, which is a defining feature of the local landscape.
