Compact Investment Apartment in Koto Ward, Tokyo
This studio apartment, located in Koto Ward's Kameido 9-chome, presents a compelling investment opportunity with a high projected annual yield of 9.44%. The property is part of the "Nichishin Palace Kameido" building, an 8-story reinforced concrete (SRC) structure built in July 1989. The unit itself is situated on the 4th floor and is a corner room with a southwest-facing orientation, offering two-sided exposure for excellent natural light.
Key features and equipment include a full-room storage system, closets, air conditioning, fiber-optic internet connectivity, an auto-lock security entrance, city gas, and an elevator. Special notes highlight that the building has no structures directly in front, allowing for unobstructed views and light. The exterior is finished with durable tile siding over concrete walls, and there is a distance of over 2 meters from adjacent buildings. The property is currently tenanted, ensuring immediate rental income, with an owner change planned for the year.
The location offers superb convenience for commuters, with access to three train lines and three stations: Toei Shinjuku Line's Higashi-Ojima Station is a 12-minute walk, the JR Sobu-Chuo Local Line's Kameido Station is 16 minutes away, and the Tobu Kameido Line's Kameido-Suijin Station is an 11-minute walk. Daily necessities are within easy reach, with a 7-Eleven convenience store and a Life supermarket both just a 2-minute walk from the property.
The Koto Ward area is a dynamic blend of traditional and modern Tokyo. An interesting local fact is that the nearby Kameido Tenjin Shrine, famous for its beautiful wisteria trellises, has been celebrated in ukiyo-e woodblock prints by artists like Hiroshige. The closest major landmark is the Tokyo Skytree in Sumida Ward, one of the world's tallest towers and a premier observation and entertainment complex, easily accessible from the local train lines.
