Matsubara Town Home 102: A Prime Investment Condominium in Setagaya, Tokyo

This property is a well-maintained 1983-built condominium unit located in the quiet residential area of Matsubara 1-chome, Setagaya Ward, Tokyo. The unit offers a spacious 71.3 sqm (approximately 21.57 tsubo) floor plan configured as a 3LDK, providing ample room for living. The building is a 3-story reinforced concrete (RC) structure, and this particular unit is situated on the first floor. Monthly fees include a management fee of 11,200 yen and a reserve fund of 22,730 yen.

Critical agent notes highlight the property's strong investment potential. The location boasts high convenience with stable rental demand expected for this subdivided condominium. There is room for rental price increases. Access is excellent, with two train lines—the Keio Line and the Inokashira Line—usable within an 8-minute walk from the station. The asset value in the Setagaya Matsubara area is anticipated to rise due to several ongoing development projects: the Urban Planning Road (Radial Route 23) project, the Keio Line elevated railway project, and the Setagaya Ward sports facility plan. The projected annual income is 2.04 million yen, with a surface yield of 2.72%. The building, constructed in 1983, is in good management condition.

The Matsubara area offers a peaceful living environment while being exceptionally well-connected. An interesting local fact is that the nearby Meidaimae Station area is a major student hub, home to Meiji University and other institutions, contributing to a vibrant and youthful atmosphere. The closest major landmark is the historic Gotoh Museum, renowned for its exquisite collection of Japanese and East Asian art, including national treasures, located just a short trip away in the neighboring Kaminoge area.