An Investment Opportunity in Sasebo: The Tawaramachi Heights Apartment Building
Presenting Tawaramachi Heights, a nine-unit apartment building located in the convenient Tawaramachi district of Sasebo City, Nagasaki Prefecture. This property offers a strategic investment opportunity with a significant recent price reduction, now listed at 9.8 million yen. The three-story reinforced concrete (RC) building, constructed in October 1979, provides a total floor area of 324.3 square meters distributed evenly across its three floors, each containing three 2K layout units.
Essential property details translated from the agent's notes reveal critical information for potential buyers. The building is equipped with city gas, water supply, sewerage, private toilets, and combined bath-toilet units. Special notes indicate the inclusion of two free parking spaces. However, several important conditions are disclosed: the building has no elevator. Currently, two of the nine rooms are occupied, while the remaining vacant units have not undergone restoration work after previous tenants moved out. The property is currently not accepting new rental applications. There are existing structural concerns, including partial ground subsidence on the western side of the lot, with a note that further subsidence is possible. Water leakage is present in parts of the building, with water stains remaining unrepaired on the third-floor living areas. The agent also confirms the availability of a cadastral map and includes a disclaimer for non-conforming contract liability. The price was revised down from 15.8 million yen to 9.8 million yen on August 18, 2025.
The location offers excellent convenience, within a 5-minute walk from both Sasebokita Station on the Matsuura Railway Nishi Kyushu Line and the Tawaramachi bus stop. The area is part of Sasebo, a city renowned for its deep historical connections to international trade and its stunning natural harbor. A major nearby landmark is the Huis Ten Bosch theme park, a massive Dutch-themed resort and attraction that draws visitors from across Japan and is a significant driver of the local tourism economy.
