Compact Studio Apartment in Central Kagoshima City
This studio apartment is located in Yamashita-cho, Kagoshima City, Kagoshima Prefecture. It is situated on the 8th floor of a 12-story steel-framed reinforced concrete (SRC) building constructed in December 1981. The property offers a compact living space of 18.55 square meters, designed as a single room layout (one room). It includes a balcony measuring 3.51 square meters, with the main light exposure facing west.
The property is currently tenanted, with an annual planned rental income of 360,000 yen, representing a gross yield of 15%. The total monthly running costs are 10,010 yen, which includes a management fee of 6,300 yen and a reserve fund for repairs of 3,710 yen. There is no parking available at the property.
The building features city gas, a hot water supply system, and an elevator. There are bicycle parking spaces and motorcycle parking spaces available. The building has a tile exterior finish. The management is a contract entrusted company with a patrol system, managed by Tokyu Community Inc. The property is located in a commercial area and has full ownership rights. There is no resident manager on site.
The property is a 2-minute walk from Asahidori Station on the Kagoshima City Tram Tosen Line, offering convenient access to the city center.
