White Palace Kogane: Investment-Ready Studio in Kitakyushu
White Palace Kogane is a strategically positioned corner unit studio apartment located in the quiet and sought-after Kogane district of Kokurakita Ward in Kitakyushu, Fukuoka Prefecture. Situated on the 4th floor of an 11-story reinforced concrete (SRC) building with 80 total units, this property is just 4 minutes' walk from Kahaneguchi-Mihagino Station on the Kitakyushu Rapid Transit line and 8 minutes from Katano Station.
The apartment offers 19.8 square meters of living space (approximately 5.98 tsubo) with an additional 4.12-square-meter balcony. As a corner unit (角部屋), it benefits from excellent natural lighting throughout the day and superior views compared to standard units, creating an especially bright and pleasant living environment.
Complete Equipment and Facilities: The unit is comprehensively equipped with city gas, air conditioning systems for cooling and heating, hot water supply, abundant storage spaces including entrance storage and shoe boxes, a balcony, elevator access, bicycle parking area, and an on-premises garbage disposal facility—ensuring complete resident convenience and proper waste management.
Exceptional Property Features: This property stands out with exceptional good natural lighting (日当り良好), a peaceful location in a quiet residential area (閑静住宅街), an attractive tiled exterior finish (外観タイル張り), and excellent views (眺望良好). These characteristics combine to create a highly desirable living space in a tranquil residential setting with strong aesthetic appeal.
Outstanding Investment Performance: Presented as an owner-change investment opportunity, this property is already generating reliable rental income. The current tenant pays 28,000 yen per month, delivering a strong 14.00% annual yield (年間予定年利回り: 14.00%) with projected annual income of 336,000 yen (年間予定収入: 336,000円). Notably, management and maintenance expenses are kept to a minimum (管理費等支出少なめ), making this an exceptionally efficient investment property. Monthly management fees are 4,000 yen with a reserve deposit of 1,600 yen. The combination of steady rental income, remarkably low overhead costs, and exceptional returns makes this property an attractive addition to any investment portfolio.
Building Details and Accessibility: Constructed in August 1989 using SRC (Steel Reinforced Concrete) construction standards, the building has proven longevity. The property has no dedicated parking available. The convenient location in a quiet residential area combined with immediate proximity to public transportation makes this property versatile for both personal residence and investment purposes.
Area Highlights: Kokurakita Ward is home to the historically significant Kokura Castle (小倉城), one of Japan's most renowned landmarks, reflecting the district's rich cultural heritage and prestige. The area successfully blends modern urban amenities with traditional Japanese charm, offering excellent public transportation infrastructure and a well-established, stable residential community.
For inquiries or additional information regarding this investment opportunity, please contact agent Enomoto (えのもと) at mobile phone 090-6892-5088.