Compact Investment Apartment in Prime Akasaka, Tokyo
This 1K apartment for sale is located in the prestigious Akasaka district of Minato Ward, Tokyo. The property offers a compact yet functional living space with a wall-core exclusive area of 22.18 sqm (approximately 6.7 tsubo). The unit is situated on the 4th floor of an 8-story reinforced concrete (RC) building constructed in February 1999. The balcony, facing southwest for good sunlight, adds an additional 5.51 sqm of outdoor space.
The apartment comes fully equipped with an air conditioner, space for an indoor washing machine, a monitor-equipped auto-lock building entrance, a monitor-equipped intercom, and city gas with hot water supply. It is a corner unit. The building features an elevator, a paid bicycle parking area (monthly fee of 500 yen), and a paid motorcycle parking area (monthly fee of 1,000 yen). The management fee is 7,290 yen per month, with a repair reserve fund of 1,450 yen per month. A monthly parking space is available for 50,000 yen, though currently unoccupied.
Currently tenanted, the property presents an investment opportunity with an estimated annual rental income of 1.26 million yen and a projected yield of 3.8%. An owner change is scheduled for the year. The building is managed by Taihei Building Service Co., Ltd. on a fully-commissioned, patrol basis, with a management association in place. The transaction is handled as a general intermediary. Please note that floor plans prioritize the current layout.
The Akasaka area is a vibrant hub known for its mix of business, nightlife, and upscale dining. It is adjacent to the political nerve center of Nagatacho and the luxury shopping of Roppongi. An interesting local fact is that the area was historically known for its many daimyo (feudal lord) residences during the Edo period. The closest major landmark is the iconic Tokyo Tower, a short distance away, offering panoramic views of the metropolis.
