Modern Investment Apartment in Tokyo's Central Chiyoda Ward
This property is a well-positioned investment apartment located on the 11th floor of a 14-story reinforced concrete (RC) building constructed in June 2008. The unit offers a 1LDK layout with a total wall-core area of 51.2 sqm (approximately 15.48 tsubo). The living-dining-kitchen (LDK) area is a spacious 17.7 tatami mats, complemented by a 5.6 tatami mat Western-style room. The apartment features a north-facing balcony measuring 4.8 sqm.
Key equipment and features include a system kitchen with a counter, a shower-equipped vanity, a toilet with warm-water bidet and reheating function, a walk-in closet, and flooring throughout all rooms. The building is equipped with an auto-lock security system with monitor and intercom, surveillance cameras, a fire alarm, an elevator, a delivery box, and a paid bicycle parking area (monthly fee of 500 yen). Utilities are supplied by city gas, and the property is internet-ready with a dedicated indoor space for a washing machine.
Special notes indicate this is an investment property currently tenanted. The estimated annual rental income is 2,736,000 yen (tax-exempt), with a projected simple yield of 2.79%. It is important to note that this yield is calculated before deducting taxes, public charges, or maintenance costs and is not a guarantee of future returns. An owner change is planned for the year. The transaction is handled under an exclusive brokerage arrangement.
The apartment is situated in the vibrant Iwamotocho district of Chiyoda, Tokyo. The area is a fascinating blend of traditional commerce and modern development, historically known as a center for the textile and apparel wholesale trade. It is exceptionally well-connected, with three major stations within a short walk: Kanda Station (JR lines, 7 mins), Iwamotocho Station (Toei Shinjuku Line, 7 mins), and Kodemmacho Station (Tokyo Metro Hibiya Line, 6 mins). The closest major landmark is the historic Kanda Myojin Shrine, a significant Shinto site renowned for its vibrant festivals and proximity to the Akihabara electric town, offering a unique cultural experience just moments away.
