Espoir Ichigaya 5F: A Bright Investment in Central Tokyo

This property is a 2DK condominium unit located on the 5th floor of a 10-story building in Shinjuku Ward's Tomihisa-cho district. The unit offers a total floor area of 37.62 sqm (approximately 11.38 tsubo) with a layout comprising a 4.5-tatami Japanese-style room, a 5.5-tatami Western-style room, and a 7-tatami dining-kitchen area. A notable feature is the inclusion of a 2.96 sqm balcony. The property is currently tenanted, providing an immediate income stream, with an estimated annual rental income of 1,200,000 yen and a projected yield of 4.80%.

Key equipment and features of the building and unit include a separate bath and toilet, air conditioning, a space for a washing machine, city gas, running water, sewerage, and an elevator. A special note highlights that the unit benefits from three-sided exposure to natural light, enhancing its brightness and ventilation. The building itself is a sturdy SRC (steel-reinforced concrete) structure built in June 1979. Management is handled on an owner-managed, patrol basis. The property comes with defect insurance and a performance evaluation. The land is designated for commercial use and has ownership guarantee.

The location is highly convenient, situated within an 8-minute walk from Tokyo Metro Marunouchi Line's Yotsuya-sanchome Station and a 6-minute walk from the Toei Shinjuku Line's Akebonobashi Station. The area is a vibrant mix of residential and commercial activity in the heart of Tokyo. An interesting historical fact about Shinjuku is that it was once a post-station town on the Koshu Kaido road during the Edo period, a legacy that contributes to its status as a major transportation and commercial hub today. The closest major landmark is the iconic Tokyo Metropolitan Government Building in Shinjuku, known for its twin towers and free observation decks offering panoramic views of the city and, on clear days, Mount Fuji.