Modern High-Rise Apartment in Tokyo's Tsukishima with Investment Potential
This property is a 1LDK apartment located on the 18th floor of a 32-story condominium in the vibrant Tsukishima district of Chuo Ward, Tokyo. Built in October 2020, the unit offers a modern living space with a wall-core exclusive area of 41.06 sqm (approximately 12.42 tsubo). The building is a reinforced concrete (RC) structure with a total of 503 units and features comprehensive amenities including two or more elevators, an auto-lock security system with monitor and intercom, a dimple key, security cameras, 24-hour security, and a parcel delivery box.
The apartment is currently tenanted under a standard lease agreement with a major corporation, generating a projected annual rental income of 2.76 million yen, which offers a yield of 2.76%. The monthly costs include a management fee of 13,670 yen and a repair reserve fund of 5,100 yen. Additional running costs include an internet connection fee of 2,420 yen per month. The owner is directly involved in the sale, allowing for straightforward negotiations.
Equipment and features within the apartment are extensive. The unit comes with a bidet toilet, tankless toilet, bath reheating function, bathroom dryer, a washbasin with shower, a system kitchen with counter, grill, dishwasher/dryer, water purifier, disposer, ample storage including full-room storage, a walk-in closet, and a shoe-in closet. Comfort is ensured with two or more air conditioning units and floor heating. The property is also equipped with a 24-hour ventilation system, BS/CS/CATV terminals, fiber-optic internet, an in-unit laundry space, and uses city gas. The exterior of the building features tile siding.
Tsukishima is a distinctive man-made island in Tokyo Bay, historically known for its 'monjayaki' street food culture. The area offers a unique blend of traditional shitamachi (downtown) atmosphere and modern high-rise living. It is exceptionally well-connected, with Tsukishima Station on the Toei Oedo Line just a 2-minute walk away and Tsukishima Station on the Tokyo Metro Yurakucho Line a 4-minute walk. The closest major landmark is the iconic Tsukiji Outer Market, a world-famous destination for fresh seafood and culinary experiences, located just a short distance away and easily accessible from the property.
