Spacious 3DK Apartment with Strong Investment Potential in Miyazaki
This property is a 3DK apartment located in Miyakonojo City, Miyazaki Prefecture, offering a practical layout and excellent accessibility. The apartment features a total floor area of 51.05 sqm (approximately 15.44 tsubo) with a layout comprising a 6-tatami Japanese-style room, a 5-tatami Western-style room, a 6-tatami Western-style room, and a 6-tatami dining-kitchen area. The building is a 4-story reinforced concrete (RC) structure, and this unit is situated on the first floor. It was built in May 1978.
Key equipment and features include a parking space (with a fee of 3,000 yen per month for a second car). Special notes from the agent indicate that the combined area of the three rooms is 153.15 sqm, and the ownership share of the common areas is 3/16. The property is currently tenanted, ensuring immediate rental income. The projected annual rental income is 960,000 yen, yielding a strong estimated annual return of 12%. The transaction is handled as an exclusive intermediary. The management fee is 3,000 yen per month, and the repair reserve fund is also 3,000 yen per month.
The location is highly convenient, just a 1-minute walk from Goichi Station on the Nippo Main Line, making daily shopping and commuting exceptionally easy. The area is served by local schools like Miyakonojo City Goichi Junior High School (143m away) and Miyakonojo City Meiwa Elementary School. For daily needs, a Lawson convenience store is 619m away, and a Nishimuta supermarket is 922m away.
Miyakonojo City is known for its rich history as a former castle town and its production of high-quality shochu. A major landmark near the city is the stunning Takachiho Gorge, a nationally designated scenic spot and Natural Monument famous for its sheer volcanic cliffs and the beautiful Minainotaki waterfall, located approximately a 90-minute drive away, offering a spectacular day trip into nature.
