Compact Investment Apartment in Central Tokyo's Chiyoda Ward
This studio apartment, located on the 10th floor of an 11-story building, offers a prime investment opportunity in the heart of Tokyo. The property is a one-room unit with a wall-core exclusive area of 17.05 sqm (approximately 5.15 tsubo) and features an east-facing balcony. The building, constructed in May 1979 by the major contractor Obayashi Corporation, is a sturdy steel-reinforced concrete (SRC) structure with a total of 221 units. Building amenities include air conditioning, an internet-ready environment, hot water supply, and two or more elevators.
Key financial details highlight its investment appeal. The property is currently tenanted, generating an estimated annual rental income of 736,100 yen, which translates to a projected annual yield of 3.89%. The monthly running costs consist of a 7,000 yen management fee and a 4,800 yen repair reserve fund. The sale price is set at 18,900,000 yen. The building is under self-management by the owners' association with a daytime resident manager, and the management company is Inspection. The property comes with defect insurance and a performance evaluation. The land is designated for commercial use and has ownership guarantee.
The apartment is situated in the prestigious Chiyoda Ward, specifically in Uchikanda 1-chome. The location offers exceptional convenience, being just a 5-minute walk from Kanda Station on the JR Yamanote Line, a 4-minute walk from Awajicho Station on the Tokyo Metro Marunouchi Line, and a 4-minute walk from Ogawamachi Station on the Toei Shinjuku Line. This provides direct access to major business and commercial hubs across Tokyo. The area is steeped in history, being part of the old Kanda district known for its academic and publishing heritage. A major landmark nearby is the historic Kanda Myojin Shrine, a vibrant Shinto shrine famous for its large festivals and proximity to the electronics district of Akihabara.
