Sky Court Setagaya: A Modern Investment Apartment in a Prime Tokyo Location
This property is a well-maintained second-floor apartment within the four-story Sky Court Setagaya building, constructed in April 2019. The unit offers a compact and efficient 1K layout with a wall-core exclusive area of 26.1 sqm (approximately 7.89 tsubo), featuring a balcony of 3.85 sqm with western exposure for natural light. The building is reinforced concrete (RC) construction and includes modern amenities such as an auto-lock security system, elevator, delivery box, and air conditioning. The unit is equipped with a kitchen, storage space, a closet, a shoe-in closet, and an indoor washing machine space. It is also internet-ready. Special features include a corner room location and a tile exterior finish.
Critical agent notes specify that the floor plan may differ from the actual condition, and the current condition takes precedence. The property is currently tenanted, and the rental management will be transferred to the new owner. The annual projected rental income is 1,206,000 yen, yielding an estimated annual return of 3.35%. An owner change is scheduled for the year.
The apartment is situated in Setagaya Ward's Ohara 1-chome, a highly desirable residential area of Tokyo. It enjoys excellent access to multiple train lines, being just a 7-minute walk from Daitabashi Station on the Keio Line, 10 minutes from Sasazuka Station, and 11 minutes from the vibrant Shimokitazawa Station on the Odakyu Line. The neighborhood offers convenient daily shopping at Keio Store Daitabashi and Gyomu Super Sasazuka, and is adjacent to the peaceful Tamagawa Josui Greenway park. An interesting local fact is that the nearby Tamagawa Josui is an historic aqueduct and water supply canal built during the Edo period, now a popular walking and cycling route. The closest major tourist attraction is the bustling, bohemian district of Shimokitazawa, famous for its vintage clothing stores, live music venues, and unique cafes.
