Spacious 1K Apartment with Investment Potential in Tokyo's Minato Ward
This property is a well-maintained 1K apartment located on the 10th floor of a 12-story building (with one basement level) in the Escoat Shibaura East condominium complex in Minato Ward, Tokyo. The unit offers a generous wall-core exclusive area of 28.52 sqm (approximately 8.62 tsubo), creating a spacious living environment. A key feature is the wide balcony measuring 6.12 sqm, which enhances the sense of space and provides an eastern exposure for natural light. The building is constructed with a steel-reinforced concrete (SRC) structure and was completed in September 2002.
Translated agent notes on equipment and features include: storage space, storage in all rooms, closet, BS terminal, CS, CATV, internet-ready, indoor washing machine space, lighting fixtures, auto-lock, city gas, elevator, delivery box, bicycle parking available (annual fee 2,400 yen), and motorbike parking available (monthly fee 2,000 yen). Special notes mention the building's tile exterior. A remark from the previous owner indicates that the 10th-floor location is not obstructed by highways or similar structures.
The apartment is currently tenanted, presenting an investment opportunity with a projected annual rental income of 1,224,000 yen and an estimated yield of 4.22%. An owner change is planned for the year. The building is professionally managed by Sanbuild Co., Ltd., with a full-consignment, daytime management system. The property includes 73 units in total and is situated on a land area of 492.56 sqm within a Quasi-Industrial zone.
