HomeLatestCash-Strapped Shizuoka Prefecture Sells Governor’s Residence

Cash-Strapped Shizuoka Prefecture Sells Governor’s Residence

SHIZUOKA, Dec 18 (News On Japan) –
Shizuoka Prefecture introduced that it held a public public sale on December 16 for the governor’s official residence in Aoi Ward, Shizuoka City, with housing producer Sekisui Heim Tokai successful the bid at 710.35 million yen.

Governor Yasutomo Suzuki determined to promote the official residence, situated in Ando 2-chome in Aoi Ward, as a part of administrative and monetary reforms amid extreme monetary constraints, and the property was put up for public sale in November with an estimated value of round 314.15 million yen.

According to the prefecture, 16 firms took half within the bidding, and Sekisui Heim Tokai, a housing producer based mostly in Hamamatsu, secured the property at a value greater than double the estimated worth.

The prefecture and Sekisui Heim Tokai are anticipated to signal the gross sales contract in late December, with registration scheduled to be accomplished by mid-February 2026.

The governor’s residence is located in a quiet residential neighborhood and was in-built 1988. The website covers roughly 1,430 sq. meters, and the single-story wood constructing has a complete flooring space of about 330 sq. meters.

Source: SBSnews6

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