Compact Investment Condominium in Tokyo's Historic Nezu District

This 1K apartment offers a compact yet functional living space in a well-maintained condominium building in Tokyo's Bunkyo Ward. The unit features a wall-core exclusive area of 21.33 sqm (approximately 6.45 tsubo), with a layout consisting of one kitchen and one room. The balcony, measuring 3.36 sqm, faces southwest, providing good natural light. The property is situated on the 5th floor of a 10-story SRC (steel-framed reinforced concrete) building constructed in April 1986.

Translated from the agent's notes, the property is equipped with a system kitchen, closet, air conditioning, BS/CS antenna terminals, indoor washing machine space, lighting fixtures, an auto-lock entrance, a monitor-equipped intercom, and security cameras. Special features include its corner room location, which offers more privacy and less noise from neighboring units, as well as city gas, hot water supply, an elevator, and a parcel delivery box. The building management is fully delegated with a daytime superintendent. The property is currently tenanted, generating an estimated annual rental income of 1,296,000 yen, with a projected annual yield of 4.57%. The transaction is handled by the seller.

The Nezu 2-chome area is a fascinating blend of old and new Tokyo, known for its proximity to the historic Nezu Shrine, famous for its beautiful azalea festival in spring. The location is exceptionally convenient, with Nezu Station on the Tokyo Metro Chiyoda Line just a 1-minute walk away, providing direct access to hubs like Otemachi and Yoyogi-Uehara. The prestigious University of Tokyo is also within a short walking distance, contributing to the area's academic atmosphere. This apartment presents a solid investment opportunity in a stable, high-demand location with excellent transport links.