Property Overview: A Condominium Unit in Oita City
This is a second-hand condominium unit for sale, located in the Nagahama-cho 1-chome area of Oita City, Oita Prefecture. The property is situated on the 8th floor of a 12-story reinforced concrete building named 'Satsuki Mansion Dai-3'. The unit offers a floor plan of 1DK, with a wall-to-wall exclusive area of 30.35 square meters. The balcony measures 4.77 square meters and the main light exposure faces south.
The building was constructed in February 1980. The property is currently tenanted, making it an owner-change investment opportunity. The estimated annual rental income is 324,000 yen, yielding an approximate 14.86% return. The property features storage space, flooring in all rooms, city gas supply, a water heater, and an elevator. There is also a bicycle parking area available for a monthly fee of 100 yen.
The monthly management fee is 5,200 yen, and the monthly repair reserve fund is 5,600 yen. Additional running costs include a neighborhood association fee of 250 yen per month and a direct debit fee of 143 yen per month. The property is located in a commercial district. Nearby conveniences include a 7-Eleven convenience store (138m), a Marushoku Maizuru store (344m), and Oita Prefectural Office (440m). The nearest bus stop, 'Maizuru-cho', is a 3-minute walk away, and Oita Station on the JR Nippo Main Line is a 21-minute walk.
