Compact Investment Apartment in Hiratsuka's Quiet Residential Area

This studio apartment, located in the Domur Hiratsuka Dai III building, offers a compact yet functional living space in a peaceful residential neighborhood. The property features a wall-core exclusive area of 18 sqm (approximately 5.44 tsubo) and is situated on the 4th floor of a 7-story steel-framed building constructed in March 1992. The monthly running costs include a management fee of 7,350 yen and a repair reserve fund of 4,000 yen.

Key equipment and features of the property include storage space, propane gas, an elevator, a free bicycle parking area, and a free motorcycle parking space. A special note highlights that the area is a quiet residential district. The property is currently tenanted, with an estimated annual rental income of 360,000 yen and a projected annual yield of 18.94%. The transaction is handled as a general intermediary, and the delivery date is negotiable.

The apartment is located in the Neszakama area of Hiratsuka City, Kanagawa Prefecture. Access is via a 20-minute bus ride from the JR Tokaido Main Line's Hiratsuka Station, followed by a 1-minute walk from the Neszakama bus stop. The surrounding area offers convenient amenities such as a Seven-Eleven convenience store 314 meters away. Hiratsuka is a coastal city known for its summer Tanabata festival, one of the most famous in Japan. The closest major landmark is the scenic Shonan coastline, featuring popular beaches like Hiratsuka Beach, which is approximately a 15-minute drive from the property.