Investment-Grade Studio Apartment in Vibrant Ikebukuro

This studio apartment presents a compelling investment opportunity in the heart of Tokyo's bustling Ikebukuro district. Priced at 59.8 million yen, the property is currently tenanted, generating a projected annual rental income of 3 million yen, which translates to a strong 5.01% gross yield. The unit is located on the 7th floor of an 8-story steel-framed reinforced concrete (SRC) building constructed in February 1981. It offers a spacious wall-core exclusive area of 53 sqm (approximately 16.03 tsubo), a significant size for a studio layout, and includes a 20 sqm balcony, some of which is a roof balcony.

Key features and equipment, as detailed in the agent notes, include a shower room, a washbasin with a shower attachment, air conditioning, internet readiness, an elevator, and a free bicycle parking area. The building is under a partially outsourced, patrol-based management system. The property is situated in a commercial zone and comes with the benefits of an owner change being permissible and potential for office use. It also includes inspection, defect warranty, defect insurance, equipment warranty, and performance evaluation.

Ikebukuro is one of Tokyo's major commercial and entertainment hubs, famed for its massive Sunshine City complex, which houses an aquarium, an observation deck, and a theme park. The apartment boasts exceptional access, just a 2-minute walk from the Tokyo Metro Fukutoshin Line's Ikebukuro Station and a 6-minute walk from the JR Yamanote Line's Ikebukuro Station, placing you at the nexus of one of the world's most extensive and efficient urban rail networks.