Renovated Investment Condominium in Ota Ward, Tokyo
This is a listed property for sale, an owner-change investment condominium located in Ota Ward, Tokyo. The property is a 2K layout unit within the "New Chidoricho Mansion," a 10-story reinforced concrete (SRC) building constructed in September 1972. The unit is situated on the 2nd floor and offers a wall-core exclusive area of 41.31 sqm (approximately 12.49 tsubo). The layout consists of two Western-style rooms (5.5-tatami and 7.5-tatami) and a 4-tatami kitchen space. The balcony is 5.4 sqm and faces south for primary sunlight.
Key equipment and features include a grill, air conditioning, a washing machine space, flooring in all rooms, a monitor-equipped intercom, security cameras, a corner unit location, city gas, hot water supply, an elevator, bicycle parking, and motorcycle parking. The property has undergone significant renovations: the wet areas (bathroom, toilet, washbasin area) were renovated in May 2022, and the kitchen was newly replaced in Heisei 29 (2017). Interior renovations were completed in December 2017, including new windows, complete refurbishment of floors, walls, ceilings, and fittings in the 5.5-tatami room, which features soundproofing and double-glazed windows.
Special notes indicate this is an owner-change property. It is currently tenanted, generating an estimated annual rental income of 1,320,000 yen with a projected yield of 6.66%. The property is registered on the Akiya Bank. Important remarks state the sale is "as-is," with contract non-conformity liability disclaimer and that there are disclosure items. The transaction mode is exclusive agency.
The area of Chidori in Ota Ward is a quiet residential neighborhood with excellent access via the Tokyu Ikegami Line's Chidoricho Station, just a 4-minute walk away. An interesting local fact is that Ota Ward is home to Haneda Airport, Japan's primary international gateway, which has a history dating back to 1931. The closest major landmark from the property is the historic Ikegami Honmon-ji Temple, a significant Nichiren Buddhist temple founded in the 13th century, located approximately 2.5 kilometers away.
