Modern Investment Condominium in Tokyo's Ota Ward
This property is a well-maintained 1K condominium unit located on the 8th floor of a 10-story reinforced concrete (RC) building constructed in January 2018. The unit offers a compact yet efficient living space with a private balcony. The building is equipped with an elevator, a free bicycle parking area, and a paid motorcycle parking space available for an annual fee of 3,000 yen.
Translated agent notes provide essential details. The equipment includes a separate toilet, a bath and toilet in separate rooms, a washbasin area, city gas, water supply and sewage systems, an elevator, free bicycle parking, and paid motorcycle parking. Special notes indicate this is an IT-heavy document correspondence property and an electronic contract correspondence property. A remark clarifies that the floor plan prioritizes the current condition. The transaction type is exclusive dedicated agency.
Financially, this unit presents an investment opportunity with an estimated annual rental income of 1,020,600 yen and a projected yield of 3.9%. The monthly costs include an 8,100 yen management fee and a 5,800 yen repair reserve fund. There is no repair reserve fund deposit. The condominium association manages the building with a full outsourcing and daytime management staff system. Parking is not available with this unit, though two separate parking spaces are owned by the subdivision. Other conditions include an owner change and a no-pets policy.
The property is situated in Yaguchi, Ota Ward, a short 9-minute walk from the Yaguchi-no-Watashi Station on the Tokyu Tamagawa Line. This provides convenient access to central Tokyo. The area is part of the larger Tamagawa riverside district, known for its green spaces and recreational paths along the river. A notable landmark nearby is the historic Tamagawa Daishi (Heigen-ji Temple), a serene Buddhist temple with beautiful grounds, offering a peaceful retreat from the city bustle.
