Investment Opportunity in Naka-no: A Well-Maintained Studio Apartment in a Prime Tokyo Location
This studio apartment, located in the sought-after Naka-no ward of Tokyo, presents a compelling investment opportunity. Priced at 14.5 million yen, this property is currently tenanted, offering an estimated annual rental income of 669,000 yen and a projected yield of 4.61%. The unit is part of the Lions Mansion Naka-no Fifth, a well-established condominium built in August 1991. The building features a reinforced concrete (RC) structure, stands five stories above ground with one basement level, and houses a total of 91 units.
The apartment itself offers a compact yet functional living space with a wall-core exclusive area of 17.82 sqm (approximately 5.39 tsubo). The layout is a studio (One Room) with a 6-tatami mat Western-style room and a balcony facing west for natural light. The property is undergoing an owner change, making it an ideal acquisition for an investor seeking a turnkey income stream. The building is professionally managed by Nomura Real Estate Partners under a fully-consigned,巡回 (patrol-based) system with an active management association.
Key equipment and features translated from the agent notes include: system kitchen, storage space, closet, shoe-in closet, cooling, air conditioning, heating, optical fiber, internet-ready, washing machine placement area, indoor washing machine space, auto-lock, security cameras, city gas, hot water supply, elevator, and bicycle parking. Special exterior notes mention tile siding. The transaction is handled under an exclusive dedicated intermediary (専属専任媒介) arrangement.
The Naka-no area is undergoing significant redevelopment, drawing renewed attention and investment. It offers excellent convenience with multiple train stations within walking distance, including JR Chuo Line Naka-no Station (9 minutes), Seibu Shinjuku Line Araiyakushi-mae Station (12 minutes), and Seibu Shinjuku Line Numabukuro Station (16 minutes). An interesting local fact is that the area is historically known for its association with the Araiyakushi Temple, from which the nearby station derives its name. For a major tourist attraction, residents are within easy reach of the iconic Shinjuku Gyoen National Garden, a sprawling park blending traditional Japanese, English landscape, and French formal garden styles.