Compact Investment Apartment in High-Demand Takamabe
This studio apartment presents a compelling investment opportunity in a well-established residential building in Takamabe, Miyazaki Prefecture. The property is a one-room unit with a private balcony, offering a total private floor area of 20.27 sqm (approximately 6.13 tsubo). Located on the 2nd floor of an 8-story reinforced concrete (RC) building constructed in February 1991, the apartment is part of a large complex of 98 units. The building features an elevator for convenience.
Key equipment and features include an elevator. Special notes from the agent indicate that the judicial scrivener for the transaction is designated by the seller. The fixed asset tax for Reiwa 5 (2023) was 21,900 yen. The property is currently tenanted, with projected annual rental income of 240,000 yen, translating to an estimated annual yield of 10%. The monthly running costs for the owner consist of a 3,000 yen management fee and a 1,000 yen repair reserve fund. Parking is available on an "other" basis. The transaction is a general intermediary arrangement.
The apartment enjoys an exceptionally convenient location just a 3-minute walk from Takamabe Station on the JR Nippo Main Line, providing easy access to the wider Miyazaki region. The area of Takamabe is known for its historic castle town atmosphere, centered around the well-preserved Takamabe Castle ruins, a local landmark offering panoramic views and a glimpse into the area's samurai past. The property is situated in a quasi-industrial zone, adding to its practical appeal.
