Investment Opportunity in Central Kumamoto
This property is a used condominium unit located in Oe 4-chome, Chuo-ku, Kumamoto City, Kumamoto Prefecture. The unit offers a 1DK layout with a floor area of 24.65 square meters, situated on the 5th floor of a 7-story reinforced concrete building constructed in June 1979. The building is named Toyo Daiichi Building and comprises a total of 31 units.
The property is currently tenanted, with a rental income of 30,000 yen per month since March 2017, yielding a gross return of 15%. The unit features a separate bath and toilet and uses city gas. There is no parking space available. The monthly management fee is 10,700 yen, and the monthly repair reserve fund is 4,100 yen.
The property is located within walking distance to amenities such as Yumetown Oe shopping center, convenience stores, and a hospital. The nearest bus stop is just a 1-minute walk away, and the Kengun Line's Kyuhonji Kosa-ten Station is a 7-minute walk. The address is Oe 4-chome, Chuo-ku, Kumamoto City, Kumamoto Prefecture.
