Investment Opportunity in Kobe: A Well-Located Property with Strong Rental Yield
This property presents a compelling investment opportunity in Kobe's Nagata Ward. Priced at 12 million JPY, this two-story steel-framed house was built in June 1989 and offers a 3DK layout with a total floor area of 55.37 square meters on a 46.17 square meter land plot. Its key selling point is its excellent location, being just a 4-minute walk from Komagabayashi Station on the Kobe Municipal Subway Seaside Line, providing convenient access to the city.
Translated agent notes provide essential details. The property is an 'Owner Change' listing, meaning it is being sold by the current owner. It is currently tenanted, generating a monthly rent of 70,000 JPY, which translates to a current yield of approximately 7%. Important special notes clarify the sale conditions: the seller is exempt from liability for non-conforming defects and repair obligations for equipment. As the property is leased under a skeleton contract (bare walls), upon tenant departure, the interior will revert to a skeleton state. Furthermore, if rebuilding, a 1.25 square meter setback is required.
The property is well-equipped for comfortable living. Key features include a system kitchen with an IH cooktop, a bathroom with reheating function and dryer, a shower-equipped vanity, a washlet toilet, underfloor heating, and a TV monitor intercom. It also boasts a walk-in closet and storage in all rooms. Additional characteristics noted are that it is all-electric, barrier-free, south-facing, and comes with a parking space (though listed as 'none' in the summary, the features list states 'parking included'). Utilities are public water, city gas, and sewer.
The surrounding area of Nagata Ward is a vibrant part of Kobe. An interesting historical fact is that Nagata is one of Kobe's oldest wards and was a major center for the city's traditional shoe manufacturing industry. For recreation and tourism, residents and visitors can easily access the iconic Kobe Port area with its famous Kobe Port Tower and Meriken Park, a scenic waterfront landmark approximately 20 minutes away by train and foot, offering stunning views of the harbor and the Akashi Kaikyo Bridge.
