Wise Grace City Kumoji: A Prime Investment in Naha's Vibrant Center
This property is a 1LDK apartment located on the 9th floor of an 11-story condominium building in the heart of Naha, Okinawa. The unit offers a private floor area of 40.65 square meters with an additional 7.35 square meter balcony. Constructed in October 2019 with a reinforced concrete structure, the building is modern and well-maintained. The property is currently tenanted, presenting an immediate investment opportunity with an estimated annual rental income of 1,800,000 yen and a simple yield of 4.01%.
Critical agent notes have been provided. The equipment and utilities are supplied by Okinawa Electric Power Company. Important remarks detail the available parking and storage: there is a parking lot for 4 cars at 40,000 yen per month (availability must be confirmed). For motorcycles, there are 4 outdoor spaces at 2,000 yen per month and 3 indoor spaces at 2,500 yen per month. A bicycle parking area for 5 bikes is available for 500 yen per month. A final, crucial note states that this is an owner-change property.
The location is exceptionally convenient, situated approximately 200 meters, or a 3-minute walk, from the Okinawa Urban Monorail's "Kencho-mae" Station. Daily necessities are within easy reach, with the Lawson convenience store just 20 meters away and the large commercial complex "Palette Kumoji," which houses the department store "Depato Riubou," about a 4-minute walk (300 meters) from the building. The area is the administrative and commercial hub of the prefecture.
Naha is a dynamic city blending modern Japanese life with unique Ryukyuan culture and history. An interesting fact is that the city's main thoroughfare, Kokusai Street, was built on top of a canal filled in after World War II. The closest major tourist attraction is the magnificent Shuri Castle, a UNESCO World Heritage site and the former palace of the Ryukyu Kingdom, located just a short monorail ride away from the property.
