Compact Investment Apartment in Central Kochi City
This studio apartment, located in Kochi City's Chiyoricho 3-chome, presents a compact and convenient investment opportunity. The property is part of the "Asahi Plaza Chiyoricho Passage" building, an 8-story reinforced concrete (RC) structure built in January 1991. The unit itself is on the 4th floor, with a wall-core exclusive area of 16.16 sqm (approximately 4.88 tsubo), and includes a 2 sqm balcony.
Translated agent notes provide essential details. The equipment includes a dedicated toilet, IH cooking heater, storage space, air conditioning, lighting fixtures, an auto-lock building entrance, city gas, shared bath, elevator, bicycle parking, and motorcycle parking. Special notes highlight that the property receives good sunlight. Important conditions are noted: this is an owner-change transaction, pets are not allowed, and the unit cannot be used as an office. The estimated annual rental income is 396,000 yen, with a projected yield of 19.80%.
