Onomichi Shimanami 7DK — Public Water+Sewer, 9 Min to Shinkansen at ¥10.8M
7-room group house 9 min walk from Shin-Onomichi Shinkansen. Public water + sewer. Perfect for Shimanami Kaido cycling groups. ¥10.8M. +44.9% YoY revenue growth.
At ¥10.8M (US$72K), this 7DK 177㎡ home is the only large-group STR asset in the Onomichi dataset that combines post-1981 structure, full public utilities (water + sewer), and Shinkansen-walkable access. The 7 separate rooms can sleep 12–14 cyclists in standard STR configuration — the exact demand profile for Shimanami Kaido, Japan's most scenic cycling route (70km of island-hopping bridge cycling from Onomichi to Imabari). AirROI 2025–2026 records $139 ADR and $19,436 median annual revenue across 105 Onomichi listings, growing +44.9% YoY — the fastest growth rate among Hiroshima STR markets. Top listings in the market earn $60,000+ annually through group pricing. The Shin-Onomichi Shinkansen stop is a 9-minute walk — meaning guests fly into Hiroshima, transfer to the Shinkansen, and arrive without a car. Total investment ¥14.6–17.9M. Gross yield 19.9%, payback 5.0–6.2 years. The 7-room layout justifies significantly higher per-night group rates than the market median assumes.
Minpaku (short-term rental) status not confirmed. Verify with the municipal office and your agent before completing purchase. STR operation may be restricted to 180 days/yr or prohibited.
(conservative–optimistic)
(166 days avg)
(low–high investment)
Built January 1986, post-new-seismic standard. Wooden 2-story construction. Public water supply (公営水道) and public sewer (公共下水) — full urban utility stack. System kitchen. 2 toilets (one per floor) — adequate for group stays. Good views from upper floor. 3.5m east-facing road (relatively narrow); no private road burden. BCR 40% / FAR 80% on 267.48㎡. All 7 rooms have built-in storage. Immediate occupancy available. 100% minpaku compliance rate in Onomichi market — confirm permit before STR operation.
Renovation estimate: ¥3.0M – ¥6.0M
Source: AirROI 2025–2026 · 105 active listings analysed
⚠ Minpaku Status: Requires Verification
Requires verification before purchase
- ⊙ 0.7km · 3minShin-Onomichi Station (Sanyo Shinkansen)
- ⊙ 2.5km · 6minOnomichi Station (JR Sanyo, views of Seto Inland Sea)
- · 3km · 7minShimanami Kaido start point (cycling route to Imabari)
- · 2km · 5minOnomichi Cat Alley & Temple Walk
- · 2.5km · 6minSenko-ji Temple & Ropeway
- Minpaku (STR) permit — Requires pre-purchase verification with municipal office
- Structural inspection — Not yet conducted. Recommend independent inspection (¥50k–¥100k) before purchase.
- Land rights: Confirm ownership vs. leasehold (借地権). Leasehold affects resale value and mortgage eligibility.
- Utilities: Verify water supply (public / well), sewage (公共下水 vs. 浄化槽), gas (city gas / propane — propane is 2–3× higher cost).
- Earthquake resistance: Built 1986 — post-1981 new seismic standard (新耐震)
- Acquisition costs: Budget +5–8% on top of purchase price (registration, agent fee, tax).