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House & Townhouse in Kutchan

Triple Cottage Investment Opportunity with Mount Yotei Views in Izumikyo

JPY 280,000,000 USD 1,750,000
  • 7 Bedrooms
  • 3 Bathrooms
  • Floor Area (Registered)
    • 222 sqm
    • 2,389.59 sqft
    • 67.16 tsubo
  • Land Area
    • 1,474 sqm
    • 15,865.99 sqft
    • 445.89 tsubo

Overview

3 log homes on a generous 1,475 sqm landholding, ideal for investors seeking income and redevelopment in Niseko HIrafu

Offering beautiful Mount Yotei views, these 3 adjacent properties sit on a corner in the ever popular, quiet Izumikyo neighbourhood in Niseko Hirafu. The well maintained, very tidy houses currently provide immediate returns through rental revenue and high potential for future redevelopment and longer term capital gains.

The three blocks together comprise a generous 446.68 tsubo (1475sqm) and currently one of the houses is licensed for nightly stays, while the other two aren’t licensed, but are popular, well tenanted long term rental options.

House 1, called Niseko Cottage (1F 39sqm 2F 29sqm), is a 2 bedroom, 1 bathroom cut log house sitting on 145 tsubo (about 478sqm).

House 2, called Rosti (1F 39sqm 2F 29sqm) , is a licensed 2 bedroom, 1 bathroom cut log house sitting on 145 tsubo (about 478sqm).

House 3, called M-Yuki (1F 59sqm 2F 27sqm), is a 3 bedroom , 1 bathroom cut log house sitting on 156.6 tsubo (about 517sqm).

This property offers buyers a perfect opportunity to buy into the Niseko market with low risk as two properties come with tenants in place and will provide ample returns to cover property holding costs.

Don’t hesitate to contact us for more details.

  • Partially Furnished
  • Resort
  • Golf
  • Skiing
  • Tennis
  • Outdoor Recreation
  • Countryside / Rural Life
  • Mountain
  • Year Built 1990
  • Floor Area Ratio 40%
  • Building Cover Ratio 200%
  • Water Supply at Street Yes
  • Sewer Service at Street Yes

Surroundings

Niseko Hirafu , Kutchan , Hokkaido

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