Investment Opportunity in Kitakyushu: Spacious Corner Unit Apartment with High Yield

This property is a one-room apartment located on the 3rd floor of the 10-story "Shidai-mae Sky Mansion" building in Kitakyushu City, Fukuoka Prefecture. The apartment is currently tenanted, generating a monthly rental income of 31,000 yen, which translates to a projected annual yield of 15.50%. This is a corner unit, offering a more open feel, with a generous exclusive floor area of 24.64 square meters (approximately 7.45 tsubo). The balcony adds an additional 4.7 square meters of outdoor space.

The building is well-equipped for comfortable living. Facilities include city gas, air conditioning for cooling and heating, hot water supply, ample storage space, an elevator, a bicycle parking area, an entrance storage closet, a shoe box, and an on-site garbage disposal area. The monthly management fee is 3,720 yen, with a reserve fund contribution of 2,160 yen. The property is offered with full ownership rights.

This investment property is noted for its relatively low management and other associated expenses. The building itself is a steel-reinforced concrete (SRC) structure built in March 1986. It is conveniently located within an 8-minute walk from Minami-Kokura Station, served by both the Nippo Main Line and the Hita-Hikosan Line, providing excellent access to the wider Kitakyushu and Fukuoka regions.

The property is situated in the Shimizu 4-chome area of Kokurakita Ward. This ward is the administrative and commercial heart of Kitakyushu City. A major landmark nearby is Kokura Castle, a beautifully reconstructed castle dating back to the early Edo period, set within a spacious park that is famous for its cherry blossoms in spring. For further inquiries, please contact Agent Enomoto at mobile: 090-6892-5088.