Compact Investment Apartment with Tenant in Place in Nagasaki
This studio apartment, located in the White Palace Nagasaki building in Togitsu Town, Nagasaki Prefecture, offers a turnkey investment opportunity. The property is currently tenanted, generating a stable monthly rental income of ¥29,500. The annual projected rental income is ¥354,000, which translates to a high projected annual yield of 15.39%. The unit features a compact yet functional layout with a total floor area of 18.3 square meters (approximately 5.53 tsubo) and includes a 3.3 square meter balcony with a southwest-facing orientation for ample sunlight.
Key equipment and features include air conditioning and a dedicated bicycle parking area. Special notes indicate an owner change is scheduled for the year. The building itself is a robust 8-story steel-reinforced concrete (SRC) structure built in March 1991. It comprises 158 units in total and is managed under a fully contracted,巡回 (rotational) management system. The property comes with defect insurance and a performance evaluation guarantee for added peace of mind. The land is designated as a Category I Residential Zone and is covered by land ownership guarantee insurance.
The apartment is situated in a quiet residential area of Togitsu Town, a coastal community on the outskirts of Nagasaki City. The area is known for its serene atmosphere and proximity to the sea. An interesting local fact is that Togitsu was historically a post town on the Nagasaki Kaido road, connecting the port city to the rest of Japan during the Edo period. The closest major landmark is the iconic Nagasaki Peace Park, a UNESCO-associated site commemorating the atomic bombing and promoting a message of peace, located approximately a 30-minute drive away in central Nagasaki.