Compact Investment Apartment in Tokyo's Takashimadaira
This studio apartment, located in the Takashimadaira 9-chome area of Itabashi Ward, Tokyo, presents a practical investment opportunity. The property is a 16.68 sqm (approximately 5.04 tsubo) unit on the 4th floor of a 5-story reinforced concrete (RC) apartment building constructed in May 1987. The building features a monitor-equipped auto-lock security system and a parcel delivery box for resident convenience.
Key features of the unit include its southwest-facing corner position, which allows for sunlight from two sides, enhancing the interior's brightness. The layout includes a dedicated indoor space for a washing machine and storage. The building's exterior is finished with tiles. The property is currently tenanted, with an estimated annual rental income of 660,000 yen, projecting a gross yield of approximately 7.85%. The management fee is 6,960 yen per month, with a repair reserve fee of 4,640 yen per month.
The location offers excellent access, being just a 3-minute walk from the Toei Mita Line's Takashimadaira Station. This provides direct train access to areas such as Sugamo, Suidobashi, and Otemachi. The area is well-serviced with shopping facilities like Takashimadaira Tokyu store and numerous convenience stores and family restaurants nearby. An interesting local fact is that the Takashimadaira district is one of Japan's largest public housing complexes, developed in the 1960s, and is known for its orderly layout and community atmosphere. The closest major landmark is the historic Sugamo Jizodori shopping street, popularly known as "Grandma's Harajuku," accessible via the direct Mita Line train.
