Spacious 1DK Apartment in Tokyo's Vibrant Shibaura District
This well-maintained apartment presents a fantastic investment opportunity in the sought-after Shibaura area of Minato Ward, Tokyo. The property is a 1DK layout with a 6-tatami mat Western-style room and a balcony measuring 3.2 square meters, offering a west-facing orientation for natural light. With a total private area of 20.16 square meters (approximately 6.09 tsubo), the unit is located on the 4th floor of a 13-story SRC (steel-reinforced concrete) building constructed in March 1980.
Key features and equipment include ample storage space, a shoe-in closet, internet connectivity, hot water supply, and two or more elevators. The building offers bicycle parking for an annual fee of 6,000 yen and motorcycle parking for 24,000 yen per year. Additional building amenities include a trunk room with an annual fee of 8,000 yen. The property is currently tenanted, ensuring immediate rental income, with an estimated annual rental revenue of 912,000 yen and a projected yield of 5.09%. The management is fully delegated to Nihon Housing, with an on-site manager during daytime hours. The apartment has undergone an inspection and comes with defect insurance and a performance evaluation. Special notes indicate that an owner change is possible, and the unit is approved for office use.
The Shibaura district is a dynamic waterfront area known for its mix of modern residential towers and industrial heritage, now transformed into creative offices and parks. An interesting local fact is that the area was historically a major hub for Tokyo's shipping and freight industry. The property is conveniently located within an 8-minute walk from Tamachi Station on the JR Yamanote Line and a 9-minute walk from Mita Station, served by the Toei Asakusa and Mita subway lines. The closest major landmark is the iconic Tokyo Tower, a short train ride away, offering panoramic views of the city and serving as a symbol of Japan's post-war rebirth.
