Compact Investment Apartment in the Heart of Shinjuku
This studio apartment presents a unique investment opportunity in one of Tokyo's most dynamic districts. Located within the Shinjuku Daikan Plaza A building, the property is currently tenanted, offering an immediate annual rental income projection of 2.35 million yen with a projected yield of 5.02%. The unit is approved for office use, making it an attractive option for small business owners or investors seeking versatile real estate. The building itself is an 11-story steel-reinforced concrete (SRC) structure with a total of 200 units, constructed in September 1978.
Key features of the apartment include a compact yet functional layout with a 6-tatami mat Western-style room and a 1.55㎡ balcony facing north for natural light. The monthly carrying costs consist of a 10,413 yen management fee and a 1,979 yen repair reserve fund. The property is sold with a general intermediary transaction method. Special notes indicate an owner change is in process and that office use is permissible. The floor plan provided prioritizes the current condition of the unit.
The location is exceptionally convenient, with Shinjuku Station on the JR Yamanote Line just a 3-minute walk away, providing unparalleled access to Tokyo's extensive train network. The Seibu Shinjuku Station and Toei Oedo Line's Shinjuku Nishiguchi Station are also within a 3-minute walk. The surrounding Shinjuku area is a major commercial, entertainment, and administrative hub. An interesting local fact is that the nearby Shinjuku Gyoen National Garden was originally the residence of a feudal lord during the Edo period before being transformed into a public park. The closest major landmark is the iconic Tokyo Metropolitan Government Building, known for its twin towers and free observation decks offering spectacular city views.