Nakafurano GranTerrace 1 & 2: Premium Turnkey Apartment Complex

Avoid the risks of rising construction costs and delayed building timelines. Step into immediate, stabilized cash flow with this premium, recently built (March 2021) residential complex.

Situated on a massive 1,791 sqm (approx. 541 tsubo) plot with rare three-way public road frontage, this property is just an 8-minute walk from Nakafurano Station. Comprising two independent buildings with a total of 10 oversized units, the complex is currently 100% occupied, generating a reliable ¥8,190,000 annually (4.09% Gross Yield).

Unprecedented "Condo-Quality" Living Spaces

Because we cannot showcase every corner of this property through photos, the floor plans speak volumes. GranTerrace was not built like a standard rental apartment; it was designed with the luxury and scale of a private condominium, which is exactly why it maintains zero vacancy.

GranTerrace 1 (Four 1LDK Units)

• Massive Space: Each unit boasts an incredible 60.87 sqm of living space. To put this in perspective, this is the size of a typical 2LDK or even 3LDK apartment in Japan.

• Premium Features: Featuring wide counter-style system kitchens and spacious independent washrooms, these units offer unparalleled comfort for singles and couples.

GranTerrace 2 (Six 2LDK Units)

• House-Like Feel: These units shatter standard rental expectations. The open-plan Living/Dining/Kitchen (LDK) area spans a massive 19-jo (over 31 sqm).

• Large Bedrooms: The two private bedrooms are exceptionally large, measuring approximately 8-jo (13 sqm) each.

Built for Hokkaido Winters: Both buildings feature high-speed optical fiber internet, ample dedicated parking, and Hokkaido-grade winter specifications, including dual air-conditioning and oil heating systems. This level of quality ensures tenants stay long-term, virtually eliminating turnover risk.

The "Corporate Housing" Upside in a Booming Market

As international luxury hotel brands rapidly expand into the Furano area, there is a severe and growing shortage of quality housing for resort staff and executives. GranTerrace is perfectly positioned to capture this demand.

Crucially, the property allows room-sharing and is pet-negotiable—highly sought-after conditions in this market. Moving forward, as current individual leases expire, there is a massive strategic opportunity to pivot toward corporate leases. Hotel HR departments are actively seeking high-quality, large-format apartments, providing a clear path to significantly increase rental rates and boost your overall yield in the near future.

The Ultimate Inflation-Proof Asset

In today’s economic climate, where the cost of building materials and labor in Japan is skyrocketing, trying to replicate this asset is financially impossible.

To purchase a prime 540-tsubo lot near the station and build two high-spec apartment blocks totaling over 737 sqm would cost far more than the current ¥200,000,000 asking price. Acquiring this turnkey physical asset is the ultimate defensive strategy to protect your capital against inflation.

Total Peace of Mind with Kukan Inc. Property Management

Investing in Hokkaido from overseas or out-of-prefecture can seem daunting, but Kukan Inc. removes every barrier. We go far beyond real estate brokerage; we offer comprehensive, hands-off property management (PM).

You will not have to worry about the day-to-day operations. Our team handles everything:

• Seamless rent collection and rapid tenant communication.

• Securing reliable winter snow-clearing services—the biggest hurdle for Hokkaido property owners.

• Handling corporate lease negotiations to maximize your yield.

• Planning your optimal exit strategy.

Property Details

• Property Name: Nakafurano GranTerrace (Buildings 1 & 2)

• Price: ¥200,000,000 JPY

• Gross Yield: 4.09% (Current Annual Income: ¥8,190,000)

• Layout: 10 Units total (GranTerrace 1: 1LDK x 4 / GranTerrace 2: 2LDK x 6)

• Land Area: 1,791.31 sqm (541.87 tsubo)

• Building Area: 737.97 sqm (223.23 tsubo)

• Built: March 2021 (Wood-frame, 2-story)

• Infrastructure: Public Water, Public Sewage

Build a rock-solid foundation for your Hokkaido real estate portfolio. Contact Kukan Inc. today to receive a detailed rent roll, discuss our comprehensive management services, and schedule a private financial briefing.