Compact Investment Apartment in Setagaya's Serene Miyasaka
This studio apartment presents a turnkey investment opportunity in the desirable Setagaya ward of Tokyo. Priced at 7.5 million yen, the property is currently tenanted, generating a projected annual rental income of 600,000 yen for an estimated yield of 8%. The unit is situated on the 2nd floor of a 3-storey reinforced concrete (RC) building constructed in April 1992.
Key property features include a wall-core exclusive area of 16.32 sqm (approximately 4.93 tsubo), which includes a 6-tatami mat Western-style room and a 1.26 sqm balcony. The building is managed by Aoyama Main Kikaku Co., Ltd. under a fully outsourced, patrol-based management system. Essential equipment includes storage space, an indoor washing machine area, city gas, and hot water supply. Special notes indicate the property is currently rented (monthly rent: 50,000 yen) and that the building lease contract requires succession (建物賃貸借契約引継要). The transaction is an exclusive intermediary arrangement.
The location offers excellent convenience, just a 7-minute walk from the Miyanosaka Station on the Tokyu Setagaya Line. The area is zoned as Category I Low-Rise Exclusive Residential District. The Setagaya ward is known for its residential charm and green spaces. A notable nearby landmark is the historic Gotoh Museum, which houses a prestigious collection of Japanese and East Asian art, including national treasures, offering a cultural oasis amidst the city.
