Spacious 1LDK Apartment in Prime Minato Ward with Investment Potential
This well-maintained apartment, located in the prestigious Azabu district of Tokyo's Minato Ward, offers a comfortable living space with a generous floor area of 44.06 sqm. The layout is a functional 1LDK, featuring a 12.4-tatami mat living-dining-kitchen area and a separate 3.2-tatami mat Western-style room. The unit is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in March 1976.
Key features and equipment translated from the agent's notes include a toilet with warm-water washlet and reheating function, a bathroom with heating, ample storage space, a walk-in closet, air conditioning, an indoor laundry area, an auto-lock building entrance, city gas, an elevator, and the highly convenient feature of being able to take out trash at any time, which helps keep the room tidy and prevents garbage from accumulating.
Special notes indicate the property is currently tenanted, with an estimated annual rental income of 2.4 million yen and a projected yield of 3.88%. An owner change is planned for the year. The building is managed by Japan Housing Corporation with full委托 and daytime management staff. The property comes with defect insurance and a performance evaluation. Parking is available for two cars at a monthly cost of 30,000 yen each.
The location is exceptionally convenient, within a short walk from multiple subway stations: a 5-minute walk to Azabujuban Station (Namboku Line), 7 minutes to Akabanebashi Station (Oedo Line), and 10 minutes to Kamiyacho Station (Hibiya Line). The vibrant Azabujuban area is known for its traditional shopping street, offering a unique blend of old-town charm and upscale international atmosphere. A major landmark nearby is the iconic Tokyo Tower, which is just a short distance away and offers spectacular views of the city.
