Maison de Premise: A Compact Investment Apartment in Kurume
This property is a compact 1K apartment located in the Maison de Premise building in Kurume City, Fukuoka Prefecture. The unit offers a private area of 25.6 square meters (approximately 7.74 tsubo) with a separate bathroom and toilet layout, and includes a dedicated space for an in-unit washing machine. The balcony faces southeast, though its exact size is not specified and is listed as 1 square meter for reference.
According to the agent's notes, the property is equipped with air conditioning, an in-unit washing machine space, a balcony, an elevator, an auto-lock security system, and a bicycle parking area. A critical special note is that the unit is currently rented out at a monthly rate of 31,000 yen. Recent renovations include a gas stove replacement in November 2022 and a unit bath replacement in March 2023, ensuring modern fixtures for the tenant.
The building itself is a 6-story reinforced concrete (RC) structure built in February 1990, making it approximately 36 years old. It contains 73 units and features full委托 management with巡回 caretaker service. The monthly management fee is 5,000 yen with an additional 9,690 yen reserve fund. The property is presented as an investment opportunity, currently tenanted, with an indicated annual yield of 18.6% based on projected annual income of 372,000 yen against the asking price.
The location is highly convenient, with a convenience store just a 1-minute walk away and a supermarket within a 4-minute walk. It is also near Kurume University, indicating potential steady demand from the student population. For transportation, the nearest major station is Minami-Kurume Station on the Kyudai Main Line, approximately a 14-minute walk. The area is part of Kurume City, known for its annual Kurume Big River Fireworks Festival, one of the largest in western Japan. A major nearby landmark is the Kurume City Art Museum, which houses a significant collection of modern Japanese and Western art.