Investment Opportunity: Asahi Plaza Chikamachi Passage

This is a studio apartment in the Asahi Plaza Chikamachi Passage, a reinforced concrete 8-story building located in Kochi City, Kochi Prefecture. The property is on the 4th floor and has a south-facing orientation, offering good sunlight. The apartment has a total floor area of 16.16 square meters and a balcony of 2 square meters. Built in January 1991, this unit is being sold as an owner-change (investor) property with an estimated annual yield of 19.8%. The property is situated near the Don Quijote Kochi store. Nearby amenities include a Fuji Grand Katojima supermarket (400m, 5 min walk), a Sunshine Courage store (740m, 10 min walk), a mac Shinozome drugstore (400m, 5 min walk), and a Kochi Bank Chiyorimachi branch (420m, 6 min walk). The monthly management fee is 4,250 yen, and the monthly repair reserve fund is 2,600 yen. The property has a parking space available. The property is located a 3-minute walk from the 'Chikamachi' station on the Tosaden Kotsu Gomen Line, and is also a 12-minute bus ride from 'Kochi Eki-mae' station on the Tosaden Kotsu Sanbashi Line. The property is being marketed by Godo Kaisha Kochi Life Fudosan.