Exclusive Listing · Japan
Apartment Building in Omichimachi, Oita Commercial Property in Omichimachi 4-chome, Japan
A mid-rise apartment building with a lift, close to the city's main rail station.
- Price
- JPY 128.00M
- Completion
- Completed
Introduction
This apartment building is in Oita, a city on Kyushu's east coast, about a 13-minute walk from the main JR station. It is a steel-reinforced concrete block of studio units with an elevator, built in 1991 and sold with tenants in place. The land is freehold and faces a public road, in a neighbourhood commercial zone. Exterior walls and roof have been renovated on two recorded occasions, and the elevator ropes were replaced. It suits an investor looking for a leased building in a regional city, who will ask for the lease schedule and repair history before an offer.
Why This Opportunity
Recorded renovation history
Exterior walls and roof were renovated in 2010, and exterior walls and elevator ropes were done again in 2015.
Freehold land on a public road
The land is freehold and faces a public road, with no private-road burden.
Generous commercial zoning
The neighbourhood commercial zone allows high building coverage and floor area ratios, which matters for any future rebuilding.
Walk to the main rail station
The JR station is a 13-minute walk, and the building is leased with immediate handover.
The Area
Where it is
Getting around
Oita Station (大分駅)
Train station · JR Nippo Main Line; Kyudai Main Line; Hohi Main Line · 1.0 km · 13 min walk · 1 h 52 min to Hakata Station
Oita Airport (大分空港)
Airport · 51.5 km · 53 min drive
Nearby
Oita Prefectural Hospital (大分県立病院)
Hospital with ER (critical care and emergency centre) · 3.2 km · 6 min drive
Oita Castle Ruins Park (大分城址公園)
Park, Funai Castle site · 2.2 km · 27 min walk
Park Place Oita (パークプレイス大分)
Shopping mall (AEON anchor) · 8.3 km · 17 min drive
Schools
Oita City Omichi Elementary School (大分市立大道小学校)
Public elementary · Primary · 590 m · 7 min walk
Oita City Oita Nishi Junior High School (大分市立大分西中学校)
Public junior high · Lower secondary · 2.5 km · 31 min walk
Oita Prefectural Oita Uenogaoka High School (大分県立大分上野丘高等学校)
Public high school · Upper secondary · 1.8 km · 23 min walk
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