Investment Opportunity in Central Sapporo: Owner-Change Condominium
This property is a used condominium unit located in the heart of Sapporo's Chuo Ward, offering a prime urban location with excellent convenience. The unit is situated on the 6th floor of a 14-story, steel-framed reinforced concrete building constructed in November 1982. The total floor area is 44.37 square meters, featuring a layout that has been converted from the original 2LDK to a spacious 1R (single room) of approximately 21.2 tatami mats. The balcony measures 1.83 square meters. Utilities connected include city water and sewer, electricity, and city gas. Renovation work was carried out in 2018 (Heisei 30), including the replacement of wallpaper and flooring.
The property is located within a 5-minute walk from Bus Center Mae Station on the Tozai Line, and also within a 6-minute walk of Odori Station and Susukino Station, providing access to three subway stations. It is a 3-minute walk from the famous Nijo Market and a 7-minute walk from the Sapporo TV Tower. This is an owner-change property, meaning it is currently tenanted. The current monthly rent is 60,000 yen, with an estimated annual rent of 720,000 yen, offering a gross yield of 5.21%. Please note that pets and short-term rentals (minpaku) are not permitted.