Spacious 1LDK Apartment in Tokyo Bay City Tower with Panoramic Views
This property is a well-appointed 1LDK apartment located on the 22nd floor of the 30-story Tokyo Bay City Tower in the vibrant Shibaura district of Minato Ward, Tokyo. The apartment offers a generous wall-core exclusive area of 45.01 sqm (approximately 13.61 tsubo) and features a 7.68 sqm balcony with a primary southeast-facing exposure, ensuring excellent natural light. The building, constructed in July 2014, boasts a reinforced concrete (RC) structure with advanced seismic isolation technology for enhanced safety and comfort.
Key equipment and features of the apartment include a system kitchen, counter kitchen, disposal unit, ample closet space, underfloor heating, BS/CS/CATV terminals, fiber-optic internet readiness, an auto-lock security system, a monitor-equipped intercom, city gas, a water heater with a reheat function, and an elevator. The property is currently tenanted, with an estimated annual rental income of 2.64 million yen and a projected yield of 2.16%. The sale price is 122 million yen, with monthly management fees of 12,216 yen and a repair reserve fund of 8,120 yen. Parking is not available. The transaction is handled under an exclusive intermediary arrangement.
The Shibaura area is a dynamic waterfront district undergoing significant redevelopment, blending modern high-rise residences with industrial heritage. It offers a unique urban living experience with easy access to green spaces along the canal. An interesting local fact is that the area was historically a major hub for Tokyo's wholesale fish market before the market's relocation to Toyosu. The closest major landmark is the iconic Tokyo Tower, a symbol of the city's post-war rebirth and a major tourist attraction offering spectacular observation decks, located just a few kilometers north in Minato Ward.