Aza Kogane, Rankoshi Town, Iso District - mixed-use resort development project

Aza Kogane, Rankoshi Town, Iso District, Hokkaido

A corner lot at Aza Kogane, Rankoshi Town, Iso District, Hokkaido - approx. 3,000 tsubo, ¥120M. With long dual-road frontage and no fixed FAR limit, it suits a mixed resort project of a 40-room hotel + 14 high-end villas of 200㎡.

Key facts

Region

rankoshi

Address

Aza Kogane, Rankoshi Town, Iso District, Hokkaido

Area

9,911 m²

Land type

Villa land / resort-development land

Zoning

Outside the area (no designated use zone)

Road access

Corner lot with excellent dual-road frontage. 136.0 m of frontage on an 8.0 m public road to the south and 128.0 m on an 8.0 m public road to the west. Highly suitable for internal road planning, parking layout and snow-removal circulation design.

Utilities

Water supply: connectable (mains water); Sewerage: no public sewer, septic tank required; Electricity: connectable; Gas: propane

Orientation

Dual frontage to the south and west (corner lot)

Land price

120,000,000 JPY

Estimated build cost

4,735,000,000–5,288,800,000 JPY

Estimated ROI

9–15%

Typical build duration

18-24 months

Distance to ski resort

25 km

Distance to airport

115 km

Distance to supermarket

9 km

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Investment disclaimer: All figures on this page, including land price, estimated build cost and projected ROI, are indicative estimates based on current market data and assumptions. They are provided for information only and do not constitute financial, investment, legal or tax advice. Actual costs and returns may differ materially. Property investment involves risk, including possible loss of capital. Please conduct independent due diligence and consult qualified professional advisers before making any investment decision.