Compact Investment Apartment in Shinjuku's Dynamic Business District
This studio apartment, located on the 6th floor of a 12-story building in the heart of Shinjuku, Tokyo, presents a compelling investment opportunity. The property is currently tenanted, generating a projected annual rental income of 1,248,000 yen, which translates to an attractive yield of approximately 4.8%. The apartment features a wall-core exclusive area of 31.05 square meters (approximately 9.39 tsubo) and includes a 4.95 square meter balcony. The building, constructed in September 1983 with a steel-reinforced concrete (SRC) structure, houses a total of 32 units and is managed by Mitsubishi Jisho Community Co., Ltd. under a fully-consigned, daytime management system.
Key financial details include a listed price of 26 million yen, with monthly maintenance fees of 12,140 yen and a repair reserve fund contribution of 7,710 yen. The property is situated in a commercial zone, ensuring its utility for residential purposes within a vibrant urban setting. The agent's notes confirm the property is under an exclusive intermediary transaction. The current status is tenanted, and the handover timing is negotiable. The building benefits from a defect insurance and performance evaluation system, providing additional security for the investment.