Compact Investment Apartment in Prime Tokyo Location
This studio apartment, located on the 6th floor of a 10-story building in the prestigious Akasaka district of Minato Ward, Tokyo, presents a compelling investment opportunity. The property features a wall-core exclusive area of 16.8 sqm (approximately 5.08 tsubo) and is currently tenanted, offering an estimated annual rental income of 950,400 yen and a projected yield of 5.28%. The building, constructed in May 1971 with an SRC (steel-framed reinforced concrete) structure, includes an elevator for convenience.
Key equipment and features of the property include air conditioning. Special notes indicate an owner change is planned for the year. The transaction method is exclusive agency. The monthly running costs consist of a management fee of 15,881 yen and a repair reserve fund of 3,176 yen. The property is situated in a commercial neighborhood zone (Category II Medium-to-High-Rise Exclusive Residential District).
The vibrant Akasaka area is known for its blend of business, nightlife, and culture, historically serving as a key entertainment district for the political elite. The property is within a short walking distance of major transit hubs, including Akasaka Station (Tokyo Metro Chiyoda Line, 7-minute walk) and Roppongi Station (Toei Oedo Line and Tokyo Metro Hibiya Line, 8-minute walk each). The closest major landmark is the iconic Tokyo Midtown complex, a mere 411 meters away, offering high-end shopping, dining, art museums, and seasonal events.
