PALÉ HOMES Takaiido: A Compact Investment Condominium in Suginami, Tokyo
This property is a 1K layout condominium unit for sale, located on the 5th floor of a 5-story reinforced concrete (RC) building constructed in October 2003. The unit offers a wall-core exclusive area of 24.08 sqm (approximately 7.28 tsubo) and includes a 2.61 sqm balcony with eastern exposure for natural light. The building, PALÉ HOMES Takaiido, comprises 40 units in total and is managed by Hines Management Co., Ltd. under a fully entrusted,巡回 (patrol-based) management system with an active management association.
Key financial details highlight its investment potential. The property is currently tenanted, generating an estimated annual rental income of 1,044,000 yen, which translates to a projected annual yield of 5.09%. The asking price is 20,500,000 yen, with monthly management fees of 15,000 yen. There are no repair reserve fund (修繕積立金) payments required. The transaction is handled as a 専任媒介 (exclusive agency), and the agent notes specify that the floor plan should be considered secondary to the actual current condition of the unit. The property comes with defect insurance (瑕疵保険) and a performance evaluation. The land is designated as a 準住居地域 (Quasi-Residential Zone).
The apartment is situated in Miyamae 2-chome, Suginami Ward, Tokyo, an 11-minute walk from Keio Electric Railway's Inokashira Line Takaiido Station. This residential area offers a balanced urban-suburban feel. An interesting local fact is that Suginami Ward is home to the Suginami Animation Museum, celebrating the area's deep connections to Japan's anime industry. The closest major landmark is the expansive and serene Showa Memorial Park in neighboring Tachikawa City, a vast national park perfect for cherry blossom viewing, cycling, and seasonal flower festivals.