Compact Investment Apartment in Prime Tokyo Location
This studio apartment for sale is located in the prestigious Akasaka district of Minato Ward, Tokyo. The property is a 17.84 square meter (approximately 5.39 tsubo) unit on the 5th floor of a 5-story above-ground (with 1 basement floor) reinforced concrete (RC) condominium building constructed in October 1979. The layout is a one-room studio with a southwest-facing orientation for the main light source. The building features an elevator and is managed by a fully contracted, patrol-based management company, (株)京急リブコ.
Key financial details include an asking price of 17.5 million yen, with monthly management fees of 12,180 yen and a monthly repair reserve fund of 5,520 yen. The property is currently tenanted, with projected annual rental income of 960,000 yen, yielding an estimated annual return of 5.48%. An owner change is planned for the year. The building comprises a total of 68 units. The transaction is handled by the seller's agent. Please note that floor plans prioritize the current condition of the property.
The Akasaka area is a vibrant hub known for its blend of business, entertainment, and upscale dining. It is home to numerous corporate headquarters and diplomatic residences. A major nearby landmark is the iconic Tokyo Midtown complex, a short distance away, which features art museums, high-end shopping, and beautiful seasonal gardens.
