---
title: East Palace
date: 2025-05-25T18:34:00+09:00
author: Niseko Investments
canonical_url: "https://uchijapan.com/properties/east-palace"
section: Properties
---
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.