White Palace Moji Port: A Compact Investment in a Historic Port District
This property is a 1K apartment located on the 5th floor of the 8-story White Palace Moji Port condominium in Kitakyushu's Moji Ward. The unit offers a compact living space with a wall-core exclusive area of 18.6 sqm (approximately 5.62 tsubo) and features a northeast-facing balcony measuring 3.6 sqm. The building, constructed in April 1992 with reinforced concrete (RC), is well-maintained with a total of 64 units. Monthly management fees are 3,900 yen with an additional 2,400 yen in reserve funds.
According to the agent's notes, the property is equipped with a balcony, a bicycle parking area, and features flooring in all rooms. A critical special note is that the judicial scrivener for the transaction is to be designated by the seller. Furthermore, the property is currently being offered for rent at a monthly rate of 35,000 yen, presenting an immediate income opportunity for an investor.