White Palace Kogane 5th Building: A Compact Investment in Kitakyushu
This property is a one-room apartment located in the White Palace Kogane 5th Building in Kitakyushu City, Fukuoka Prefecture. Priced at 2.56 million yen, this 35-year-old building offers a convenient urban lifestyle with a recently achieved rental income of 32,000 yen per month, indicating a strong potential yield. The unit is situated on the 9th floor of an 11-story reinforced concrete (SRC) building and features a wall-core exclusive area of 15.61 sqm (approximately 4.72 tsubo) with an additional 3 sqm balcony.
The property comes fully equipped with essential modern amenities. According to the agent's notes, the facilities include city gas, cooling, heating, air conditioning, hot water supply, storage space, a balcony, an elevator, and flooring in all rooms. The monthly management fee is 3,900 yen with a reserve fund of 3,100 yen. The current status is vacant, with the previous tenant scheduled to move out in mid-June, making it ready for a new occupant or investor. The building employs a巡回 (rotating) management system.
The location is highly accessible, just a 5-minute walk from the Kitakyushu High-Speed Railway's Kawaraguchi-Mihagino Station. It is also within a 10-minute walk of Katano Station and a 16-minute walk of Tanga Station, providing excellent connectivity. The area is zoned for commercial use. While the property itself has no dedicated parking space (駐車場:空無), its central location reduces dependence on private vehicle use.
The surrounding Kogane and Kokura Kita Ward area is a vibrant part of Kitakyushu, a city known for its history as a major industrial hub that has transformed into a center for environment and robotics research. An interesting local fact is that nearby Kokura Castle was the primary target for the "Fat Man" atomic bomb in August 1945, but cloud cover diverted the plane to its secondary target, Nagasaki. The closest major tourist attraction is the impressive Kokura Castle itself, a reconstructed keep surrounded by a beautiful Japanese garden, offering a glimpse into the region's samurai past.
