Compact and Convenient Investment Condominium in Takaoka, Toyama
This property is a 1K layout condominium for sale located in Takaoka City, Toyama Prefecture. The unit is situated on the 2nd floor of a 10-story reinforced concrete (SRC) building constructed in July 1988. The private wall-core area is 22.8 sqm (approximately 6.89 tsubo), featuring an 8.1-tatami mat Western-style room and a 3.6 sqm balcony with southern exposure, ensuring good natural light.
Key financial details include an asking price of 3.5 million JPY. Monthly running costs consist of a 3,000 JPY management fee, a 1,500 JPY repair reserve fund, and additional utilities: approximately 2,500 JPY for water (with settlement), 500 JPY for town fees, and 105 JPY for bank transfer fees. There is also a nearby parking space available for 6,500 JPY per month. The property is currently tenanted, with an estimated annual rental income of 456,000 JPY, projecting a gross yield of approximately 13.02%. An owner change is planned for the year.
The building is well-equipped with security cameras, fire alarms, city gas, and an elevator. It is managed by Apacommunity Co., Ltd. on a fully entrusted,巡回 (rotational) basis, with a management association in place. The property comes with defect insurance (瑕疵保険) and a performance evaluation. The land is designated for commercial use and is covered by the National Land Use Law.
The location is highly convenient. The unit is just a 2-minute walk from the Manyosen Kyukan Iryo Center-mae Station and within walking distance of various amenities including supermarkets, convenience stores, banks, a hospital, and a park. The area is rich in history, being part of Takaoka, a city famous for its traditional copperware. A major nearby landmark is the expansive 高岡古城公園 (Takaoka Castle Park), a beautiful historic site just 474 meters away, featuring the ruins of Takaoka Castle and spacious grounds perfect for cherry blossom viewing and leisurely strolls.
