Property Overview: Busshozan Heights 2-102
This is a 2LDK apartment located on the first floor of a three-story reinforced concrete building in Takamatsu City, Kagawa Prefecture. The property has a total floor area of 58.59 square meters and a balcony area of 8 square meters. It also features a private garden of 20 square meters with no usage fee. The unit is a corner apartment with a south-facing balcony, offering good natural light.
The property was built in March 1974 and underwent renovation work completed in March 2018. The renovation included replacement of kitchen and bathroom fixtures, as well as interior updates such as new wall and floor coverings, new wallpaper, and fittings throughout all rooms. The kitchen is equipped with an IH cooking heater. The flooring has been replaced, and the unit has a dedicated garden space. The monthly management fee is 7,490 yen, and the monthly repair reserve fund is 11,000 yen.
This is an owner-change property, meaning the current owner is an investor. Since June 2020, the unit has been under a rental lease agreement generating a monthly rent of 34,000 yen (including water utility fees). This provides a gross yield of over 10%. The property is located approximately a 13-minute walk from Kūkōdōri Station on the Kotoden Kotohira Line. The surrounding area includes Busshozan Elementary School (960 meters away) and Ryūun Junior High School (750 meters away).
