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Commercial property on the up

By 21st March 2009April 21st, 2021Niseko News, Niseko Real Estate

WITH Japanese prime time shows praising Niseko for its culinary diversity, commercial restaurant property in upper Hirafu is maintaining strong interest.

Most recent construction projects in the Upper Village are now being built, with the ground level reserved for commercial ventures, and these spaces don’t tend to stay on the market for long.

"We’re seeing renewed interest in commercial property in Hirafu," Niseko Property managing director Ruskin McLennan said. "We’ve got contracts on two of the major restaurants in Niseko. These sites have been snapped up by expats living in Japan and Hong Kong."

The Vale project, which won’t finish construction until December of this year, has the commercial area of its development already spoken for, said Nisade chairman Jonathan Martin. The restaurant and bar, to be named The Vale Bar and Grill, is to be headed up by renowned Hong Kong restaurateurs Wayne and Brian Parfitt, who are well-known for their HK establishments, Wagyu, and Jaspers," he said.

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