4 blocks of land currently hosting 3 apartment buildings and a garage in a convenient Kutchan location 1 block from the National Highway Route 5 and 400 meters from Lucky Supermarket.
The 3 apartment buildings combined has 6 apartments all currently occupied with long term tenants to give the owner a net rental yield of 5% at the asking price.
This is the perfect investment for land holding while enjoying the rental yields with future potential for a larger development in all 4 plots or smaller redevelopments in each plot over the years.
The plots allow higher density range for residential and also selected commercial use like restaurants.