Investment-Grade Apartment in the Heart of Shinjuku
This is a prime investment opportunity located in the bustling Shinjuku 5-chome district of Tokyo. The property is a 3LDK apartment on the 4th floor of a 6-story reinforced concrete (RC) building constructed in September 1966. It features a generous wall-core exclusive area of 72.43 sqm (approximately 21.91 tsubo) and underwent a full interior renovation in December 2016, ensuring modern living standards. The layout is a functional 3LDK plus two walk-in closets (WIC) and a shoe-in closet (SIC). The rooms consist of a 6-tatami Western-style room, a 5.3-tatami room, a 4.6-tatami room, and a combined 16.6-tatami living-dining-kitchen area. The balcony faces south, providing good natural light from two sides.
According to the agent's notes, the apartment is equipped with a 2-burner stove, ample storage space including storage in all rooms, walk-in closets, a shoe-in closet, an indoor laundry machine space, and flooring in all rooms. Utilities are powered by city gas. A special note highlights the two-sided sunlight exposure. The property is currently tenanted, generating a projected annual rental income of 3.3 million yen, which translates to a strong annual yield of approximately 6.94%. The monthly running costs include a management fee of 19,660 yen and a repair reserve fund of 8,700 yen.
The location offers exceptional convenience, being just a 5-minute walk from Shinjuku-sanchome Station (Tokyo Metro Shinjuku Line) and Shinjuku-gyoemmae Station (Tokyo Metro Marunouchi Line). Shinjuku Station on the JR Yamanote Line is about a 14-minute walk. The area is a vibrant mix of commercial and residential zones, providing easy access to shopping and daily amenities. An interesting local fact is that the nearby Shinjuku Gyoen National Garden was originally the private estate of a feudal lord during the Edo period before being transformed into a public park. The closest major landmark is the stunning Shinjuku Gyoen National Garden itself, a vast and beautifully landscaped garden featuring traditional Japanese, French, and English gardens.