Compact Studio Apartment in Vibrant Shinjuku's Kabukicho District
This studio apartment, located on the 9th floor of the 9-story Kabukicho Diamond Palace, offers a compact yet convenient living space in the heart of Tokyo's Shinjuku ward. The property features a wall-core exclusive area of 17.75 square meters (approximately 5.36 tsubo), laid out as a one-room unit with a 5.5-tatami mat Western-style room and a balcony. The building, constructed in July 1981 with an SRC (steel-framed reinforced concrete) structure, includes essential amenities such as air conditioning and an elevator. Notably, the building is equipped with an auto-lock security system for resident safety.
According to the agent's notes on equipment and special features, the apartment comes with air conditioning and is situated on the top floor. The building benefits from an elevator and an auto-lock entry system. A key point for investors is that the unit is currently under a sub-lease arrangement, indicating it is tenanted. The estimated annual rental income is 720,000 yen, with a projected yield of 6%. Monthly costs include a management fee of 9,700 yen and a repair reserve fund of 4,150 yen.
