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Hanazono area - construction has started - huge capital gains potential
Property ID : web1271

Category :
House
Bedrooms :
1
Bathrooms :
1
Carports :
1
Garages :
1
Features :
Land :
1000 Sqm
Location :
305-33 Aza Asahi North Hills Hanazono Kutchan Cho 044 0081 Abuta Gun, Hokkaido Japan
Hanazono
Price :¥ 25,000,000
 



  SOLD APRIL 2010 This charming cottage is almost new, has a large living area, good kitchen, spacious living/dining area and a generous loft for sleeping. The enormous garage is ideal for parking and storage. The floor area is 140 sm metres (Basement is 59, 1F is 47 and 2F is 34).

The land is 1,063 sq metres (approx 322 tsubo), so this price is only slightly more than land value. This property is only a few hundred metres from the Hanazono lift area.

STOP PRESS AUG 17th - construction has begun at the Hanazono site, and adjacent areas are set for strong capital growth. This property represents good quality - and only marginally above the current land values. Land in this area could easily double or triple in the next 2-3 years.

This large corner block could potentially be subdivided (depending on Council approval), or the house could be demolished and a much larger house could be built.

Why buy bare land? For fractionally more than land value, this cottage allows income, or is simply a charming property for you to enjoy.

 

Hokkaido Real Estate