Modern and Secure Investment Condominium in Tokyo's Itabashi Ward
This property is a recently built condominium unit for sale, located in Itabashi Ward, Tokyo. The building was completed in September 2023, meaning it is less than a year old and retains a fresh, new condition. The unit itself is a compact 1K layout with a wall-core exclusive area of 22.01 sqm (approximately 6.65 tsubo). It is situated on the 2nd floor of a 5-story reinforced concrete (RC) building containing 14 units total.
Key equipment and features of the property include air conditioning, a BS satellite broadcasting terminal, internet connectivity, city gas supply, a delivery box for secure package receipt, and a monitor-equipped auto-lock security system. The auto-lock system allows residents to visually confirm visitors via a monitor before granting entry to the building, providing excellent security and protection against unwanted solicitation.
The property is currently tenanted, offering an immediate investment opportunity. The projected annual rental income is 997,000 yen, yielding an estimated annual return of 3.33%. Monthly costs include a management fee of 6,200 yen and a repair reserve fund of 1,100 yen. The purchase price is 29,900,000 yen. The property is under a fully delegated,巡回 (rotating) management system by Maple Living Service Co., Ltd.
The location offers excellent access via public transport. It is approximately a 7-minute walk from Shimobaba Station on the Tobu Tojo Line, a 9-minute walk from Itabashi Kuyakusho-mae Station on the Toei Mita Line, and a 9-minute walk from Oyamadai Station, also on the Tobu Tojo Line. The area is part of Tokyo's vibrant northern wards. An interesting local landmark is the historic Itabashi Hachiman Shrine, a serene Shinto site with deep roots in the community's history, offering a peaceful retreat from the urban environment.
