Modern Investment Condominium in Roppongi, Tokyo
This property is a well-maintained 1LDK condominium located in the prestigious and vibrant district of Roppongi 7-chome, Minato Ward, Tokyo. The apartment is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in February 2013 by the reputable Shimizu Corporation. With a total of 88 units in the building, it offers a private living space of 42.33 square meters (approximately 12.8 tsubo) measured to the wall center, featuring a south-facing balcony of 3.28 square meters.
Translated from the agent's notes, the property is equipped with a separate toilet and bath, a washbasin area, a system kitchen, city gas, and both water supply and sewage systems. Special notes indicate an owner change is possible, pets are negotiable, but the unit cannot be used for office purposes. It is currently under a fixed-term lease agreement (from July 23, 2022, to July 22, 2024) and includes a guarantee company. The monthly rent is 220,000 yen, inclusive of the management fee. Additional costs include a monthly management fee of 12,400 yen, a repair reserve fund of 9,820 yen, and other fees of 1,728 yen. The property shows a surface yield of 2.93% with an annual projected rental income of 2.64 million yen.
The Roppongi area is one of Tokyo's most famous international hubs, known for its nightlife, art museums, and corporate headquarters. An interesting fact is that the district's name, "Roppongi," meaning "six trees," is said to originate from six very old and large zelkova trees that once stood there. The area is also home to major landmarks like the iconic Tokyo Tower, which offers panoramic views of the metropolis and is just a short distance away, providing a classic and instantly recognizable backdrop to life in this dynamic neighborhood.
