Prime Development Land in Tokyo's Prestigious Hiroo District

This is a rare opportunity to acquire a substantial plot of land in the highly sought-after Hiroo 3-chome, Shibuya Ward, Tokyo. The property is a vacant lot, ready for construction, with a total area of 171.04 square meters (approximately 51.73 tsubo), including a road set-back portion of approximately 16.47 square meters. The site is a regular-shaped, south-east facing plot, offering excellent potential for a custom-built residence.

Key features and agent notes highlight the property's advantages. There are no construction conditions attached, granting the buyer complete freedom to choose their preferred house builder and design. The land is delivered as a vacant lot. The property is situated within walking distance of several prestigious institutions, including the Japanese Red Cross Medical Center, the Yamatane Museum of Art, and the Nezu Museum. The famous Antique Street (Kotto-dori) is also within walking distance. Access is convenient via multiple train lines: a 14-minute walk to Omotesando Station (Tokyo Metro Ginza, Hanzomon, and Chiyoda Lines), a 16-minute walk to Hiroo Station (Tokyo Metro Hibiya Line), and a 16-minute walk to the major hub of Shibuya Station (JR Yamanote Line and others).

The zoning regulations permit a building coverage ratio of 60% and a floor area ratio of 300%, though a front road width restriction limits the effective ratio to 160%. The land is designated as residential land in a Category II Medium-High Rise Exclusive Residential Zone within an urbanization promotion area. The property rights are full ownership, and the land fronts a private road to the south, approximately 3.3 meters wide. The transaction is handled as an intermediary, and the handover timing is negotiable.