White Palace Kogane: A Top-Floor Studio Apartment in Kitakyushu
This listing presents a studio apartment (one-room layout) within the White Palace Kogane building, located in the Kogane 1-chome area of Kokurakita Ward, Kitakyushu City, Fukuoka Prefecture. The property is positioned on the 11th floor, which is the top floor of the building, offering excellent views. The move-in date is scheduled for May 2025.
The apartment features a private balcony, providing outdoor space. The total floor area is 19.8 square meters (wall-center measurement), approximately 5.98 tsubo, with the balcony adding an additional 4 square meters of east-facing space. The building itself is an 11-story steel-framed reinforced concrete (SRC) structure built in September 1989, making it approximately 36 years and 6 months old at the time of the listing update. Monthly fees include a 4,000 yen management fee and a 1,600 yen reserve fund. There is no dedicated parking space available with this unit.
The property is currently tenanted, and the sale involves an owner change. The listing provides an estimated annual yield of 14.5%, with projected annual income of 348,000 yen. It is important to note that this yield calculation is based on projected rental income before deductions for taxes and maintenance costs and does not guarantee the actual income.
The location is highly convenient, being just a 6-minute walk from the Kawaraguchi-Mihagino Station on the Kitakyushu High-Speed Railway. The area of Kokurakita Ward is a vibrant part of Kitakyushu, blending urban convenience with historical sites. An interesting local fact is that the nearby Kokura Castle, a symbol of the city, was famously *not* bombed during World War II because it was obscured by clouds on the day of the planned air raid, a twist of fate that saved the original structure (though the current keep is a reconstruction). The castle grounds and its traditional garden are a major tourist attraction just a short distance away.
