Core Mansion Kyomachi 102: A Turnkey Commercial Investment in Yanagawa
Presenting a compelling commercial investment opportunity, Core Mansion Kyomachi 102 is a ground-floor shop unit within a multi-story apartment building, currently tenanted and generating immediate income. This owner-change property offers an attractive annual projected yield of 10.50%, with a projected annual income of 924,000 yen based on the asking price. The property is situated in the commercial district of Yanagawa City, Fukuoka Prefecture.
The unit itself is a spacious one-room layout with a dedicated service room, offering a private interior area of 66.65 square meters (approximately 20.16 tsubo). The building is a robust 7-story reinforced concrete (RC) structure built in September 1985. Key facilities included with the property are air conditioning and a toilet. The building is fully委托 managed with a daytime superintendent, and monthly fees include 9,200 yen for management and 10,100 yen for reserve funds. Please note there is no dedicated parking available for this unit.
The property is located in Yanagawa, a city famously known as the "City of Water" due to its extensive network of historic canals. A major tourist attraction is the Yanagawa River Cruises, where visitors are punted through the scenic waterways in flat-bottomed boats, offering a unique and picturesque view of the city's traditional landscape. This investment property provides not only a solid financial return but also a foothold in a city with distinct cultural charm.
