Niseko Village Landmark Building DISTRESSED VENDOR SEEKS OFFERS
Landmark Building in Excellent Location
Huge development site on the main road into the Niseko Village. Massively under valuation!
Complete with *DEVELOPMENT APPROVAL* for 24 apartments and room for up to 36 apartments, even retaining the existing lodge. Also an ideal retail tourism site.
Very exciting bargain buying opportunity with many options: private lodge, hotel business, land subdivision or condominium development… the choice is yours!
Property includes a 1,537m2 (16,544 sq ft) corporate-style lodge with 20 bedrooms, twin onsen communal baths, commercial kitchen, lounge, dining hall for 60+ people and large tatami function room, recently renovated reception foyer, lounge and bar.
The land component is approximately 3,000 tsubo (9,900m2 | 2.44 acres).
Includes development approval for the construction of 24 architecturally designed, high specification resort condominiums on site (20×2 bedroom, 4×1 bedroom). Plans for an additional building of 12 condominiums have been prepared, giving the site the potential for 36 condominiums in addition to the existing lodge.
View location on Google Maps
Vendor is seeking offers over ¥225,000,000 (US$2.5m | convert currency)