Investment Opportunity in Gifu City
This studio apartment is located in the Naniwa-cho 1-chome area of Gifu City, Gifu Prefecture. The property is situated on the third floor of an 11-story reinforced concrete building constructed in February 1990. The building features a tiled exterior.
The apartment has a floor area of 18.07 square meters and includes a balcony of 2.87 square meters. The interior layout is a studio (one room). The property is currently tenanted, with a monthly rent of 32,000 yen, providing an annual rental income of 384,000 yen and a gross yield of approximately 14.76%. The unit is being sold as an owner-change property.
Equipment includes a closet, auto-lock system, security cameras, and an elevator. The building also has bicycle and motorcycle parking spaces. Utilities available are public water supply, public sewer, and city gas.
The monthly management fee is 7,000 yen, and the monthly repair reserve fund is 5,330 yen. Parking is available for 6,000 yen per month, though currently vacant. The annual fixed asset tax for fiscal year 2026 is 22,220 yen.
The property is a short distance from JR Gifu Station, approximately a 22-minute walk on the Tokaido Main Line.
