Makes Design Iriya II 12th Floor Apartment
This 12th-floor apartment in the Makes Design Iriya II building offers a compact and efficient 1K layout with a total floor area of 25.51 square meters, complemented by a 3.78 square meter balcony. Built in December 2016, this 9-year-old reinforced concrete building stands 13 stories tall and contains 63 units. The property is currently occupied, and viewings can be arranged by contacting the agent with your preferred date.
This is an owner-change property, meaning the transfer of the existing lease agreement is a condition of the purchase. The projected annual rental income is 1,164,000 yen (monthly rent: 97,000 yen), with an estimated surface yield of approximately 3.81% as of July 2025. It is critical to note that this projected rental income is not guaranteed. Rent may be reduced, and in the case of a sub-lease, the contract may be terminated during the lease period. The surface yield is a ratio of the assumed annual rental income to the real estate acquisition price (sale price) and is not guaranteed for the future. It does not account for public taxes and charges or maintenance costs.
The apartment features a separate bath and toilet, a closet, and a balcony. The building is equipped with an elevator and has a bicycle parking area, though no car parking is available. Pets are permitted, subject to specific detailed rules. The primary orientation of the unit is north.
Located in Tokyo's Taito Ward, the Iriya 1-chome district offers a classic downtown atmosphere. The property boasts exceptional access to public transport, with Iriya Station on the Tokyo Metro Hibiya Line just a 2-minute walk away. This provides direct connections to key hubs like Ginza, Roppongi, and Ueno. The area is known for its friendly, community-oriented feel and relatively affordable cost of living compared to other central Tokyo locations. A notable local landmark is the nearby Senso-ji Temple in Asakusa, one of Tokyo's oldest and most significant Buddhist temples, located approximately 1.8 km away, making it a perfect destination for a stroll to experience traditional Japanese culture and architecture.
