Investment Opportunity in Kumamoto: Cent Hills Kumamoto Studio Apartment
This listing presents a studio apartment (One Room) within the Cent Hills Kumamoto building, located in Kumamoto City's central Chuo Ward. The property is currently tenanted, offering an immediate investment opportunity with an estimated annual rental income of 240,000 yen. The stated gross yield is a notable 16%.
Translated from the agent's notes, the property features include storage space, a closet, air conditioning, flooring throughout all rooms, an auto-lock building entrance, a monitor-equipped intercom, security cameras, city gas, and an elevator. Special remarks indicate an owner change is planned. The transaction method is exclusive agency.
The apartment itself has a wall-core exclusive area of 13.5 sqm (approximately 4.08 tsubo) and includes a 2.47 sqm balcony with primary sunlight exposure from the east. It is situated on the 3rd floor of a 9-story reinforced concrete (RC) building constructed in March 1991. The building is fully managed by an owners' association with an on-site manager. Monthly costs include 4,800 yen in management fees and 1,000 yen in repair reserve fund contributions. Parking is listed as 'other'.
The surrounding area in Kuhanji 1-chome is well-serviced with shopping facilities like Yume Mart Kuhanji and a Cosmos discount drug store nearby. For a major landmark, the historic Kumamoto Castle, a UNESCO World Heritage site and one of Japan's most impressive feudal castles, is approximately a 15-minute drive away, offering both cultural significance and stunning views of the city.
