Spacious 1K Apartment in a Quiet Residential Area of Matsuyama

This property is a 1K apartment located on the second floor of a six-story reinforced concrete building constructed in March 1985. The apartment offers a private interior area of 16.05 sqm (approximately 4.85 tsubo) with a layout comprising a 6-tatami mat Western-style room and a 2.6-tatami mat kitchen area. The unit is equipped with air conditioning, a designated washing machine space, lighting fixtures, a fire alarm (detector), and propane gas for cooking and hot water. The building features an elevator for convenience.

According to the agent's notes, the property is situated in a quiet residential neighborhood. The apartment is currently tenanted, generating an estimated annual rental income of 144,000 yen, with a projected annual yield of 10.28%. The building is under self-management by the condominium association with a daytime manager. The land is designated as a Category II Medium-to-High-Rise Exclusive Residential Zone.

The location is highly convenient, with a bus stop (Matsuyama Daigakuguchi) within a 3-minute walk and the Iyo Railway Circular Line's Teppocho Station approximately a 9-minute walk away. The area offers easy access to daily necessities, with a Lawson convenience store just 174 meters away and supermarkets like SUPER ABC and Super Nitto Takasago within a kilometer. The presence of propane gas is noted as an advantage for quicker restoration of services after disasters.

The Matsuyama area is famous for Dogo Onsen, one of Japan's oldest hot spring resorts, located just a few kilometers away. This historic bathhouse, said to be over 3,000 years old, is a major cultural landmark and a must-visit destination, famously inspiring the bathhouse in Studio Ghibli's film 'Spirited Away'.