Prime Development Land in Shinjuku, Tokyo
This is a rare opportunity to acquire a freehold development plot in the highly sought-after Shinjuku 7-chome district of Tokyo. The land parcel spans 103.17 square meters (approximately 31.20 tsubo), offering a substantial canvas for residential or investment purposes. The property is designated as residential land within the urbanization promotion area, specifically zoned as Category I Medium-to-High-Rise Exclusive Residential District, with a building coverage ratio of 60% and a floor area ratio of 160%.
Critical agent notes have been provided, detailing the road access situation. The translation of the Japanese notes is as follows: Special Notes/Remarks: One-sided road access to the east, width 3.2 meters. This information is vital for planning access and construction. The land is currently occupied by an old house, which will be removed, and there are no specific building conditions attached, providing significant flexibility for the new owner. The terrain is noted to have a slight slope. The transaction is handled via an exclusive intermediary, and the handover timing is negotiable.