Echoland Prime Double Lot
This rare double-lot offering of 773 sqm offers numerous possibilities to land bankers or holiday home builders. The site will accommodate up to 300 sqm of internal floor area for a single house, or any combination of sizes up to 300 sqm for two villas. This extremely well-located site is just up the road from the Marriott Hotel and a short walk from the thriving dining and entertainment area of Echoland Main Street and sits between two very-well performing holiday rental chalets.
The seller is one of Hakuba’s finest home builders and holiday villa managers who will be preferential to those buyers seeking to build on this lot (although no obligation is attached to the sale). For newly-built properties put into the rental market we estimate after-expense yields of circa 5% year 1.