￥25,000,000
Prime Investment Opportunity – Fully-Tenanted 3-Unit Property in Central Kutchan
• Location: Kutchan Town, Abuta County, Shiribeshi, Hokkaido, Japan
• Access: Approx. 20-minute walk from JR Kutchan Station
• Property Type: Residential income property (3 fully leased units)
Secure a rare income-generating asset in the heart of Kutchan with immediate cash flow and long-term upside. East Palace is a fully tenanted, three-unit residential building that:
- delivers ≈ ¥200,000 in monthly rent – a gross yield of about 9.6 % on a projected ¥25 million purchase price;
- offers a payback period of roughly 10.4 years, meaning your initial capital can be recovered well before the Hokkaido Shinkansen reaches Kutchan in 2038; and
- carries clear potential to push yields above 10 % through targeted renovations—while positioning you for meaningful capital appreciation as land prices continue to climb.
Property Highlights
| Feature | Why It Matters |
|---|---|
| Below-Market Entry Point | Acquire at roughly ½–⅓ the tsubo price of comparable assets—exceptional value in a steadily appreciating sub-market. |
| Attractive Yield & Payback | 9.6 % gross yield today; with upgrades, > 10 %. Payback in ≈ 10.4 years, giving you ample runway for pure profit before the 2038 rail boost. |
| Fully Tenanted | All three apartments are occupied—zero leasing lag; rent flows from day one. |
| Severe Rental Undersupply | Winter 2023-24 saw 150 + tenants on waiting lists. Demand continues to outstrip supply, supporting stable occupancy and rent growth. |
| Value-Add Upside | A smart ¥4–10 M reno (modern kitchens, energy upgrades) can lift rents and market value. |
| Capital Growth Outlook | With the Hokkaido Shinkansen due in 2038 (≈ 13 years), Kutchan’s property market is primed for the next wave of appreciation. Expect both steady INCOME gains now and substantial CAPITAL gains as the rail deadline approaches. |
Key Take-away
East Palace offers the rare combination of immediate 9 %+ yield, a sub-11-year payback horizon, and powerful future upside in one of Hokkaido’s most supply-constrained, high-growth locales.
For a detailed financial package or to book a private viewing, contact Niseko Investments today.
Earn dependable income now—capture the capital gain later.
1st Floor Plan
2nd Floor Plan
