Grandeol Mansion: A Well-Maintained Apartment Building Investment in Kurashiki
This listing presents Grandeol Mansion, a substantial apartment building for sale in Kurashiki City, Okayama Prefecture. Constructed in February 1994, this three-story steel-framed building offers a total floor area of 760.17 square meters, distributed evenly across its three floors. The property contains 18 units, each featuring a 2K layout. The building has been well-maintained with renovations completed on several rooms, enhancing its value and appeal. It is currently fully tenanted, providing immediate rental income for the new owner.
Critical agent notes detail the property's equipment and condition. The building is equipped with propane gas, city water supply, and sewer systems. Each unit features air conditioning, a separate bath and toilet, a bidet toilet seat, and a shower. For security and convenience, the property includes surveillance cameras and a bicycle parking area. Special remarks on road access specify that the property fronts a one-way road to the west. The public road has a width of 18.8 meters, with a paved frontage of 4.9 meters connecting to the site.
The land parcel is a significant 1,332.99 square meters, situated within an urban planning area zoned as Category II Medium-to-High-Rise Exclusive Residential. The site has a building-to-land ratio of 60% and a floor area ratio of 200%. Parking is available on-site for three or more vehicles at a monthly rate of 3,300 yen per space. Monthly management fees for the building total 98,300 yen, which includes costs for the security cameras and electronic locks. The property is offered under an exclusive intermediary agreement.
The area of Kurashiki is rich in history and culture. A fascinating fact is that the city's beautifully preserved Kurashiki Bikan Historical Quarter features white-walled storehouses and willow-lined canals from the Edo period, once used to transport rice. The closest major landmark is the iconic Kurashiki Ivy Square, a charming complex of red-brick buildings covered in ivy, originally a textile mill and now housing museums, shops, and hotels, located approximately 3 kilometers from the property.
