Fukui Prefecture is planning to sell off the official prefectural governor’s residence. The 26-year old building is showing signs of age and deterioration, while running costs are increasing. The property has been vacant for over a year as the current governor decided to live in their own personal home.
The property includes the governor’s residence, vice governor’s residence, and secretarial division manager’s residence. The appraised value was 25 million Yen for the three buildings and 199 million Yen for the 5,500 sqm land, bringing the total to 224 million Yen (approx. US$2 million).
The governor’s residence was built in 1994 at a cost of 300 million Yen. The single-story wood-frame building has a total area of 540 sqm (5,810 sq.ft) of which 140 sqm is dedicated to living quarters, with the remaining 400 sqm used for meeting rooms and guest reception rooms.
Demolishing the existing buildings is estimated to cost around 68 million Yen, while repairing them to make them livable would cost around 28 million Yen and come with 6.5 million Yen in annual maintenance and running costs.
The prefecture will first see if Fukui City is interested in buying or using the property. If not, it will be made available for purchase through a public bidding process.
Source: The Fukui Shimbun, February 7, 2020.
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