Compact Investment Property in Takamatsu, Kagawa
This property is a compact two-story wooden house built in September 1979, located in Miyawakicho 2-chome, Takamatsu City, Kagawa Prefecture. The building offers a total floor area of 38.22 sqm (approximately 11.56 tsubo) with a 1DK layout consisting of a 6-tatami mat Western-style room and a 6-tatami mat dining-kitchen area. The land area is 23.63 sqm (approximately 7.14 tsubo). The property is currently vacant, allowing for easy viewing. It is noted that a setback will be required when the building is eventually rebuilt. The property is equipped with city gas, electricity, and public water and sewer systems.
This small-scale property is well-suited for investment income, storage use, or similar purposes. Notably, it also has the option for rental use, with potential terms including a monthly rent of 27,000 yen, zero security deposit (敷金), zero key money (礼金), one month of free rent, and the possibility of pet ownership subject to consultation. The projected annual rental income is 324,000 yen, with an estimated yield of 21.6%. Parking is available nearby.