Kira Kira,
189-16 Niseko Hirafu 1jo 3chome,
Kutchan,
Hokkaido
044-0080
Year Built: 2008
Building Cover Ratio: 40%
Floor Area Ratio: 200%
A rare opportunity to acquire a fully income secured commercial property in upper Niseko Hirafu village, offered with a simultaneous sale and leaseback for immediate returns.
Key highlights
Ground floor commercial unit in the well known Kira Kira building
Approximately 130 sqm of lettable space
Sale and leaseback executed at completion
Fixed term lease securing 5% net yield
Tenant is an established Niseko resort operating company
Tenant also provides building management
Minimal owner involvement and largely tenant borne costs
The Asset The property comprises an approximately 130 sqm ground floor commercial unit with strong street presence in Upper Hirafu. Commercial space of this size and quality is rarely available due to strict zoning and limited supply.
The income The seller’s operating company will lease the property back under a fixed term lease executed at the time of sale. This structure provides a locked in net yield of approximately 5 percent for the full lease term, delivering predictable income from day one.
The location Situated in upper Niseko Hirafu, the property benefits from year round activity, excellent visibility, and close proximity to accommodation, retail, and resort infrastructure.
This offering is well suited to investors seeking stable income, professional management, and long term exposure to Niseko’s commercial market.
Viewings by appointment. Contact us for further details and full lease information.