Vera Heights Shinjuku Gyoen: A Compact Investment in the Heart of Tokyo
This property is a studio apartment (One Room) located on the 8th floor of the 10-story Vera Heights Shinjuku Gyoen building in the bustling Shinjuku 2-chome district of Tokyo. With a wall-core exclusive area of 21.03 sqm (approximately 6.36 tsubo), it offers a functional living space in a prime location. The apartment includes a balcony measuring 3.24 sqm. The building itself is a sturdy steel-reinforced concrete (SRC) structure built in March 1978, featuring essential amenities such as an elevator, a bicycle parking area (annual fee of 6,000 yen), and a motorcycle parking space (annual fee of 36,000 yen).
Translated from the agent's notes, the property is currently tenanted, ensuring immediate rental income upon purchase. The estimated annual rental income is 840,000 yen, projecting a yield of approximately 4.71%. The management is fully entrusted, with a daytime manager and an active management association handled by the management company, Classite Corporation. The building has undergone a performance evaluation and comes with defect insurance. The land is zoned for commercial use and has ownership guarantee.
The location is exceptionally convenient, with multiple train stations within a short walk. Shinjuku-sanchome Station on the Toei Shinjuku Line is a 4-minute walk, Shinjuku-gyoemmae Station on the Tokyo Metro Marunouchi Line is also 4 minutes away, and Shinjuku-sanchome Station on the Tokyo Metro Fukutoshin Line is a 6-minute walk. This provides direct access to major business and entertainment hubs across Tokyo.
The surrounding Shinjuku area is one of Tokyo's most dynamic wards, famous for its skyscrapers, government buildings, and vibrant nightlife. An interesting fact is that Shinjuku Station is the world's busiest railway station, used by an average of over 3.5 million people daily. The closest major landmark is the serene and expansive Shinjuku Gyoen National Garden, a former imperial garden renowned for its stunning traditional Japanese, English landscape, and French formal gardens, offering a peaceful escape from the urban buzz.