Sun Sea Plaza Apartment in Tottori City
This listing is for a compact one-room apartment located on the 10th floor of the 11-story Sun Sea Plaza building in Tottori City, Tottori Prefecture. The property, built in January 1991, offers a wall-core exclusive area of 20.06 square meters (approximately 6.06 tsubo) with a south-west facing balcony. The building is a sturdy SRC (steel-framed reinforced concrete) structure with a total of 110 units and features autonomous management with a daytime resident manager and a management association. The managing company is REM Corporation.
Key financial details include a listed price of 700,000 JPY. The monthly running costs consist of a 5,500 JPY management fee and a 12,036 JPY repair reserve fund. The property is currently tenanted, with an estimated annual rental income of 360,000 JPY, projecting a high annual yield of approximately 51.42%. The transaction method is exclusive dedicated brokerage. Important notes from the agent specify that inquiries must be directed to the information-providing real estate company listed on the detailed property page. Furthermore, the floor plan is subject to the actual current condition of the property.
The apartment is situated in the Konan commercial zone and is conveniently located just a 5-minute walk from Tottori University Mae Station on the Sanin Main Line. The area is dominated by the scenic Lake Koyama, a large lagoon-like lake popular for boating, fishing, and birdwatching. A short drive away is the iconic Tottori Sand Dunes, part of the Sanin Kaigan Global Geopark and one of Japan's most famous natural landmarks, offering breathtaking views and camel rides.
