Compact Investment Apartment in Central Tokyo's Historic Kanda District
This studio apartment is located on the 8th floor of an 11-story building in the prestigious Chiyoda ward, offering a prime central Tokyo location. The property features a compact, efficient layout with a wall-core exclusive area of 20.81 sqm (approximately 6.29 tsubo) and includes a 3.3 sqm balcony. The building was constructed in August 1985 and meets the new earthquake-resistant standards, providing peace of mind. Key building amenities include an auto-lock security system and security cameras for resident safety. The management is fully outsourced with a roving manager.
According to the agent's notes, the property is currently tenanted, making it a turnkey investment. The annual projected rental income is 984,000 yen, yielding an estimated annual return of 3.78%. The transaction is an owner change. The agent also notes that the floor plan takes precedence over the current condition. The property is listed for 26 million yen, with monthly management fees of 8,600 yen and a repair reserve fund of 7,200 yen.
The location is exceptionally convenient, just a 3-minute walk from Kudanshita Station on the Tokyo Metro Tozai Line. It is also within a 9-minute walk from Suidobashi Station on the JR Chuo-Sobu Line and Jinbocho Station on the Tokyo Metro Hanzomon Line. The area, Kanda, is historically significant as a center of publishing and bookstores, particularly around Jinbocho, which is famous for its countless used bookshops and academic atmosphere. The closest major landmark is the magnificent Imperial Palace and its surrounding gardens, a vast green space and historical site just a short distance away, offering a serene escape from the city bustle.
