Residential Investment Opportunity in Chiyo, Hakata Ward
This property is a ninth-floor unit within a fourteen-story reinforced concrete condominium building constructed in March 2019, located at 1-chome, Chiyo, Hakata Ward, Fukuoka City, Fukuoka Prefecture. The unit offers a 1LDK layout with a dedicated area of 44.66 square meters and a southwest-facing balcony measuring 13.23 square meters. The building's total number of units is 256.
The property is currently under lease, and the existing rental agreement is to be transferred to the new owner. The annual estimated rental income at full occupancy is 1,416,000 yen, representing an estimated yield of 4.2 percent. It is important to note that this yield is calculated as the ratio of annual rental income, including common area fees, to the sale price, and is calculated before the deduction of property taxes, public dues, and other necessary maintenance costs. Furthermore, the estimated rent and yield are based on market rent levels and assume full occupancy, and future rental income is not guaranteed.
Parking is available within the building's premises for a monthly fee ranging from 13,000 to 14,000 yen, with one space currently available as of February 12, 2026. The monthly management fee is 9,300 yen, and the repair reserve fund is 3,500 yen.
The condominium is situated approximately a three-minute walk from the Chiyo-Kenchoguchi Station on the Fukuhoku Yutaka Line subway, a twelve-minute walk from Yoshizuka Station on the Kagoshima Main Line, and a sixteen-minute walk from Gion Station on the Airport Line subway. The property is also near several local amenities, including a Hello Day supermarket, Higashi Park, and Fukuoka City Hospital.