Compact Investment Apartment in Tokyo's Historic Nihonbashi Koamicho
This studio apartment, located in the prestigious Chuo Ward of Tokyo, offers a prime opportunity for investors seeking a property in a central business district. The unit is situated on the 4th floor of a 9-story reinforced concrete (SRC) building constructed in June 1982. With a wall-core exclusive area of 23.67 sqm (approximately 7.16 tsubo), the layout is a functional one-room design featuring a 1.88 sqm balcony facing southwest for natural light.
Translated from the agent's notes, the property includes essential equipment such as air conditioning, an indoor space for a washing machine, and city gas. The building is equipped with an elevator. Special notes indicate that an owner change is possible, and the unit is approved for office use, adding flexibility for potential tenants. The property is currently tenanted, ensuring immediate rental income, with a projected annual rental revenue of 1,320,000 yen and an estimated yield of 5.54%. Monthly fees include 7,100 yen for management and 7,100 yen for repair reserve funds.
The location is exceptionally convenient for business and exploration. The area is served by three major stations: Kayabacho Station is about a 5-minute walk, Suitengumae Station is a 5-minute walk, and Ningyocho Station is a 9-minute walk, providing access to four different subway lines. The neighborhood of Nihonbashi is one of Tokyo's oldest commercial centers, historically known as the starting point of the Five Routes of the Edo period. A major landmark nearby is the historic Suitengu Shrine, a popular site for prayers for safe childbirth and child-rearing, located just a short walk from the property.
