Spacious 2DK Apartment in Vibrant Shinjuku, Steps from Shin-Okubo Station
This well-maintained apartment, located in the bustling Shinjuku ward of Tokyo, offers a fantastic investment opportunity with a projected annual rental income of 2.99 million yen and a 5% yield. The property is a 42.31 sqm (approximately 12.79 tsubo) 2DK unit on the 2nd floor of a 9-story reinforced concrete (SRC) building constructed in August 1984. The apartment comes with a balcony measuring 8.05 sqm.
The property is currently tenanted, ensuring immediate income, with the handover timing available upon consultation. The building is professionally managed by Asahi Management Co., Ltd., with full outsourcing and daytime management staff. Building amenities include an auto-lock security system, elevator, bicycle parking (monthly fee: 3,000 yen), and motorcycle parking (monthly fee: 5,000 yen).
The apartment itself is equipped with numerous features for comfortable living. These include a bidet toilet, a shower room, a washbasin with shower, ample storage space and closets, air conditioning, internet connectivity, a designated indoor washing machine space, lighting fixtures, and a water heater. Monthly fees include a management fee of 17,110 yen and a repair reserve fund of 10,690 yen.
The location is exceptionally convenient, just a 3-minute walk from Shin-Okubo Station on the JR Yamanote Line, making daily errands and commuting effortless. The vibrant neighborhood of Shin-Okubo is famously known as Tokyo's "Korea Town," offering a unique cultural experience with a dense concentration of Korean restaurants, supermarkets, and beauty shops. A major landmark easily accessible from here is the iconic Shinjuku Gyoen National Garden, a vast and beautiful park blending traditional Japanese, English landscape, and French formal garden styles, providing a serene escape from the city buzz.
