Exclusive Listing · Japan

Apartment Building in Shobubarucho, Miyakonojo Commercial Property in Miyazaki, Japan

Two multi-storey apartment blocks on one site in a regional city in southern Kyushu

Price
JPY 150.00M
Completion
Completed

Introduction

Miyakonojo is a regional city in Miyazaki Prefecture, and this offering brings two multi-storey apartment blocks together on a single site. The blocks have balconies on the street side and open access corridors on the upper floors, a standard arrangement for rental apartment buildings. A long covered parking structure and an open parking area sit on the plot, which matters in a city where residents usually rely on a car. It suits an investor seeking a large residential holding, who will want to confirm the structure, age, occupancy and rental income on enquiry.

Why This Opportunity

  • Two blocks on one site

    Both blocks share a single plot, so a buyer acquires them and the ground between them in one transaction.

  • Large combined floor area

    Together the blocks provide a scale that is uncommon for a single residential asset in a regional city.

  • Covered and open parking

    A covered parking structure and an open parking area are on site, which supports tenant demand in a car-dependent city.

  • Rental-block design

    Balconies and open access corridors on each floor follow the usual layout of rental apartment buildings.

  • Room around the buildings

    The site leaves space around the blocks for access, parking and any future works.

The Area

Where it is

Getting around

  • Miyakonojo Station (都城駅)

    Railway station · JR Nippo Main Line, Kitto Line · 1.6 km · 20 min walk · 53 min to Minami-Miyazaki by local train (Nippo Main Line)

  • Miyazaki Airport (宮崎空港)

    Airport · 47.6 km · 1 h 35 min drive

  • Kagoshima Airport (鹿児島空港)

    Airport · 44.7 km · 1 h 29 min drive

Nearby

  • NHO Miyakonojo Medical Center (都城医療センター)

    Hospital with ER (designated emergency hospital) · 1.4 km · 18 min walk

  • AEON Mall Miyakonojo Ekimae (イオンモール都城駅前)

    Shopping mall and supermarket · 1.0 km · 13 min walk

  • Sekinoo Falls (関之尾滝)

    Waterfall and park · 12.4 km · 25 min drive

Schools

  • Miyakonojo Iwaiyoshi Elementary School (都城市立祝吉小学校)

    Public elementary school · Primary · 1.7 km · 21 min walk

  • Miyakonojo Iwaiyoshi Junior High School (都城市立祝吉中学校)

    Public junior high school · Lower secondary · 1.2 km · 15 min walk

  • Miyazaki Prefectural Miyakonojo Izumigaoka High School (宮崎県立都城泉ヶ丘高等学校)

    Public high school · Upper secondary · 1.0 km · 13 min walk

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