Modern Investment Condominium in Meguro's Serene Higashiyama
This property is a 1DK condominium for sale in the quiet residential neighborhood of Higashiyama 2-chome, Meguro Ward, Tokyo. The unit is currently under a 5-year fixed-term lease agreement with 4 years remaining, generating a stable annual rental income of 1.92 million yen (160,000 yen per month x 12 months). This represents an owner-change investment opportunity with a projected annual yield of 3.63%.
Translated from the agent's notes, the property features include: Equipment - Heated toilet seat with bidet function, bath reheating function, bathroom dryer, bathroom heater, system kitchen, 2-burner stove, storage space, closet, air conditioning, optical fiber internet readiness, indoor washing machine space, flooring in all rooms, double-glazed windows, motion-sensor lighting, downlights, auto-lock, monitor-equipped intercom, dimple key, security camera, fire alarm (detector), city gas, hot water supply, energy-saving water heater, elevator, parcel delivery box, 24/7 garbage disposal possible, and a paid bicycle parking area (400 yen per month). Special Notes - The property is located in a quiet residential area and is barrier-free. Remarks - This is an owner-change property under a 5-year fixed-term lease agreement, currently rented (4 years remaining at 160,000 yen per month x 12 months/year). Pets are allowed for consultation; small dogs and cats are permissible subject to separate 'Pet Keeping Rules'.
The apartment is situated on the 3rd floor of a 4-story above-ground (with 1 basement) reinforced concrete building constructed in April 2021. The unit offers a wall-core exclusive area of 27.77 sqm (approx. 8.4 tsubo) with a layout comprising a 4.8-tatami mat Western-style room and a 7-tatami mat Dining Kitchen. It includes a 3.82 sqm balcony facing east for primary sunlight. The building is managed by Tokyu Community Co., Ltd., with a total of 24 units. Additional monthly costs include a management fee of 11,100 yen, a repair reserve fund of 6,900 yen, internet usage fee of 1,320 yen, and neighborhood association fee of 150 yen.
