Kutchan Workman Apartments - Guaranteed 8.9% gross yield for 12 years!

  • Kutchan
  • 214ー7, 8 Hirafu, Kutchan, Hokkaido 044-0077
¥185,000,000
  • For Sale
  • Commercial
Hirafu 214 7 workman house Aerial Map 08
Hirafu Workman Apartment Annupuri background
Hirafu 214 7 workman house Aerial Map 06
Hirafu 214 7 workman house Aerial Map 07
Kutchan Workman Apartment Genkan
Kutchan Workman Apartment Bedrooms 2
Kutchan Workman Apartment Bedroom
Kutchan Workman Apartment 2nd floor bedroom
Hirafu Workman Apartment Cafeteria 1
Hirafu Workman Apartment cafeteria 2
Hirafu Workman Apartment kitchen
Hirafu Workman Apartment kitchen 2
Kutchan Workman Apartment Laundry washroom
Kutchan Workman Apartment Washroom
Kutchan Workman Apartment Bathrooms
Kutchan Workman Apartment Staircase
Kutchan Workman Apartment hallway
Hirafu 214 7 workman house Aerial Map 09
Hirafu Workman Apartment exterior 2
Hirafu Workman Apartment exterior 1

Features

  • 11+ Bedrooms
  • 6+ Bathrooms

Building Size

  • Sqm: 748.61
  • Tsubo: 226.455
  • Sqft: 8,057.971

Land Size

  • Sqm: 942
  • Tsubo: 284.955
  • Sqft: 10,139.604

Price Breakdown

  • Per Sqm: ¥247,124
  • Per Tsubo: ¥816,941
  • Per Sqft: ¥22,958

Currency Conversion

  • USD: $1,446,700.00
  • HKD: HK$11,346,050.00
  • SGD: SGD1,994,300.00
  • AUD: A$2,047,950.00

* Approximate, for guidance only

A unique investment opportunity with excellent yield attached

  • Situated just outside of Hirafu, this whole residential building is available to purchase, with a highly enticing package attached.
  • The sellers will rent the building back from the buyer on a long term basis, and guarantee a gross return of 8.9% annually for the next 12 years.
  • Easy hands off investment - opportunity to secure a prime land site with an investment that will effectively pay for itself over the first 12 years of ownership.
  • Strategic location - just 5 minutes from both the Grand Hirafu ski resort and Kutchan town.
  • Large, flat land plot with excellent main road visibility. Primed for redevelopment when the time comes.
  • Beautiful views available up to the Grand Hirafu ski resort

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