Price

¥600000

Construction Year

1965

Building Area

229.31

Land Area

720.73

Address

Ajicho, Takamatsu City, Kagawa Prefecture

Description

This 58-year-old house is currently rented out as a warehouse for ¥11,000 per month, resulting in a gross yield of 20%. The annual expected rental income is ¥1.32 million. The property cannot be rebuilt due to its lack of road frontage. The building lease agreement must be inherited, so the property cannot be used for personal use.

Area Information

Aji Town, Takamatsu City, Kagawa Prefecture is a vibrant coastal community nestled on the Seto Inland Sea. With its picturesque beaches, lush greenery, and historic temples, Aji Town offers a unique blend of urban convenience and natural beauty. The area is renowned for its thriving fishing industry, providing fresh seafood to local restaurants and markets. Residents enjoy a relaxed lifestyle with easy access to shopping, dining, and cultural attractions in nearby Takamatsu City.