Secure a rare income-generating asset in the heart of Kutchan with immediate cash flow and long-term upside. East Palace is a fully tenanted, three-unit residential building that:

• delivers ≈ ¥200,000 in monthly rent – a gross yield of about 9.6 % on a projected ¥25 million purchase price;
• offers a payback period of roughly 10.4 years, meaning your initial capital can be recovered well before the Hokkaido Shinkansen reaches Kutchan in 2038; and
• carries clear potential to push yields above 10 % through targeted renovations—while positioning you for meaningful capital appreciation as land prices continue to climb.

Property Highlights:

Below-Market Entry Point

Acquire at roughly ½–⅓ the tsubo price of comparable assets—exceptional value in a steadily appreciating sub-market.

Attractive Yield & Payback

9.6 % gross yield today; with upgrades, > 10 %.  Payback in ≈ 10.4 years, giving you ample runway for pure profit before the 2038 rail boost.

Fully Tenanted

All three apartments are occupied—zero leasing lag; rent flows from day one.

Severe Rental Undersupply

Winter 2023-24 saw 150 + tenants on waiting lists.  Demand continues to outstrip supply, supporting stable occupancy and rent growth.

Value-Add Upside

A smart ¥4–10 M reno (modern kitchens, energy upgrades) can lift rents and market value.

Capital Growth Outlook

With the Hokkaido Shinkansen due in 2038 (≈ 13 years), Kutchan’s property market is primed for the next wave of appreciation.  Expect both steady INCOME gains now and substantial CAPITAL gains as the rail deadline approaches.

Key Take-away

East Palace offers the rare combination of immediate 9 %+ yield, a sub-11-year payback horizon, and powerful future upside in one of Hokkaido’s most supply-constrained, high-growth locales.

For a detailed financial package or to book a private viewing, contact Niseko Investments today.

Earn dependable income now—capture the capital gain later.