SITE LOCATION
New construction will be directly adjacent to the ski slope (Paradise Run), which is a major direct route to the village of Nozawa Onsen;
Orientation of construction on the site ensures that both a north/south alignment, as well as a direct line of sight to the top of the mountain is maintained;
The building immediately adjacent ( a former restaurant ) will also have a facelift to match the new construction - visually signifying a symbiosis of style
PLANS
Level 3
Level 2
Level 1 - including Lobby and Office
Basement / Machinery rooms
PRICINg
We take the view that property investments can be benchmarked, first by comparability of purchase price and second, by operational results
OneNozawa Residence, (our most recent project) , has been ranked right alongside luxury properties in both Niseko and Hakuba by independent analysts; we paid no fees for this market comparison ( which can be seen in full here )
EdgeNozawa will be priced, for early sales, at approximately 60% of the purchase price of both of these competitive offerings, when compared on a USD/m2 basis
Lots of scope for capital growth !
Comparable Properties for Sale in Niseko and Hakuba
RENTAL INCOME
We have operated OneNozawa Residence since 2015/2016 season;
During the 2015/2016 season, the building systems were run for the entire season, without any guests staying with us;
The first "guest year", the 2016/17 season, was conducted in “softlaunch” mode – with less than USD 500 spent on marketing and promotion; OneNozawa Residence achieved a remarkable 52% occupancy across the season; at certain times during the 2017 season we were fully booked - we could not place the excess demand we experienced;
2017/18 season saw total occupancy at 70% - with even stronger revenue growth
EdgeNozawa’s only competition for genuine ski-in/ski-out location is OneNozawa Residence;
We see no reason why rental rates achieved for OneNozawa Residence in 2017 season cannot be replicated for EdgeNozawa; we have streamlined the external look and feel and have dressed up an adjacent property to match the styling of EdgeNozawa, further enhancing its appeal
Gross rental returns of 10% - 12% p.a. are achievable within a peak 10 week season - with no need to degrade the experience of our guests by chasing rental returns later in the season
Due Diligence
Current Ownership and Land Title Documents
