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Central Kutchan Warehouse | 5 Minutes to JR Kutchan Station

¥100,000,000
USD: $645,161
Price per sqm: ¥237,999
Price per Tsubo: ¥786,773
N/A
N/A
420.17sqm
1978
Hokkaido, Niseko
16-2 Minami 1-jo Nishi 2-Chome, Kutchan, Hokkaido

Positioned in the centre of Kutchan, this warehouse property offers a well-located commercial opportunity with potential for future redevelopment and flexible site utilisation. Located just 350m (approximately a 5-minute walk) from JR Kutchan Station, the property is within easy walking distance of Kutchan’s restaurants, bars, shops, and essential services.

The existing warehouse provides 165.28 sqm of floor area and is planned to remain. A separate residence with garage will be demolished prior to handover, creating additional site flexibility and improving potential for future commercial or operational use.

Key Highlights

Approximately 5-minute walk to JR Kutchan Station
Convenient access to Kutchan’s restaurants, bars, retail, and local services
Total land area: 420.17 sqm
Existing warehouse floor area: 165.28 sqm
Existing warehouse to remain after handover
Separate residence and garage to be demolished prior to handover
Zoning: Neighborhood Commercial District
Building Coverage Ratio (BCR): 80%
Floor Area Ratio (FAR): 300%

With Kutchan continuing to develop as the gateway to the Niseko resort area, centrally located commercial properties with existing structures and flexible future potential are becoming increasingly limited. Suitable for investors, owner-operators, or businesses seeking a strategically positioned commercial asset, this property offers a range of future possibilities, subject to relevant approvals.

FAQ

1. Sales Process

Answer: The process begins with a formal offer (Offer Acceptance). Once accepted, NISADE drafts the Sale and Purchase Agreement and the Statement of Important Matters. After signing, the buyer pays a deposit to a solicitor’s trust account. Legal documents like the Power of Attorney (POA) and Affidavit are then executed and notarized to finalize the title transfer at settlement.
Answer: The standard timeline for title transfer and closing in the Niseko area is approximately 4 to 6 weeks, though this can be adjusted based on the agreement between the buyer and seller.
Answer: No. Japan offers 100% freehold ownership rights. There are no legal restrictions on foreigners (individuals or entities) purchasing or owning real estate or land in Japan.

2. Investment & Returns

Answer: Niseko is Japan’s fastest-growing real estate market. It has evolved from Asia’s top winter destination into a year-round resort featuring world-class gastronomy and wellness. Significant institutional investment from global firms continues to drive the region’s development.
Answer: Properties typically see between 90 to 120 days of occupancy per year. Net yields generally range from 1% to 3%, depending on owner usage. Returns can be optimized by ensuring availability during peak periods like Christmas, New Year, and Chinese New Year.

3. Costs & Taxes

Answer: Buyers should budget approximately 5% of the purchase price for closing costs. This includes solicitor fees, acquisition taxes, stamp duty, and agency commissions (typically 3% + ¥60,000 for secondary market sales).
Answer: Owners are subject to an annual Fixed Asset Tax, calculated at 1.4% of the government-assessed value (usually lower than the market price). Additionally, if the property generates rental income, net profits are subject to Japanese Income Tax.

4. Property Management

Answer: Management typically covers reservation handling, general maintenance, utility bill payments, cleaning, laundry, snow clearing, and comprehensive fiscal/accounting services for the owner.
Answer: Management fees generally total around 35% of the nightly rate (split into a 10% administrative fee and a 25% rental management fee), plus annual fixed maintenance costs.

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3-17 Niseko Hirafu 1-jo 4-chome, Kutchan-cho, Abuta-gun, Hokkaido 044-0080, Japan.
Tel: +81 (0) 136-21-5811 Whatsapp: +819083676683 Email: [email protected]

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Central Kutchan Warehouse | 5 Minutes to JR Kutchan Station
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