Milco Mansion Okinawa City Yogi Grand Park Unit 1405: A Modern Corner Apartment with Investment Potential
This property presents a compelling opportunity as an owner-change apartment within the Milco Mansion complex in Okinawa City. The unit, specifically Room 1405, is a bright and spacious corner apartment located on the top (14th) floor, offering excellent natural light and views. The layout is a generous 2LDK, featuring a notably large 20-tatami mat (approximately 33 square meters) living, dining, and kitchen area. The interior is finished with stylish lighting and calm, modern decor. A key feature is the two-sided balcony, which provides ample outdoor space and enhances the sense of openness and light within the home.
As detailed in the agent's notes, the property's equipment and facilities include an indoor washing machine space and all Western-style rooms. A critical special note is that the unit is currently tenanted, and therefore interior viewings are not possible at this time. The remarks further emphasize that this is an owner-change property, identified as "Milco Mansion Okinawa City Yogi Grand Park 1405." The apartment is equipped with modern conveniences such as a gas-powered clothes dryer, which also functions as a bathroom dryer, and a parcel delivery box for receiving packages when residents are not at home.
From an investment perspective, the property generates a monthly rent of 155,000 yen, translating to an annual rental income of 1.86 million yen and a surface yield of 4%. It is currently tenanted, but upon the tenant's departure, it can also be used as a personal residence. The building itself is a 14-story reinforced concrete structure built in July 2020, making it a relatively new construction. Building amenities include an elevator, auto-lock security, and a property management association.