White Palace Kogane Gobankan: A Well-Located Investment Apartment in Kitakyushu

This property is a one-room apartment located on the 6th floor of the 11-story White Palace Kogane Gobankan building in Kitakyushu's Kokura Kita Ward. The apartment offers a private area of 18.42 sqm (approximately 5.57 tsubo) and features a 3.02 sqm balcony. The building, constructed in July 1990 with an SRC (steel reinforced concrete) structure, includes an elevator and a bicycle parking area.

The property comes with comprehensive facilities and equipment, including city gas, air conditioning for cooling and heating, hot water supply, storage space, an entrance storage area, and a garbage disposal area within the premises. Special notes highlight the apartment's good sunlight exposure, its location in a quiet residential area, a tiled exterior, and excellent views.

Critical agent remarks provide essential investment details. The unit is currently tenanted with a monthly rent of 32,000 yen, generating an annual projected income of 384,000 yen and a projected yield of 15.05%. Management and reserve fund fees are noted to be relatively low at 3,900 yen and 3,100 yen per month, respectively. The agent, Enomoto, is actively seeking buyers for two other units within the same building, which offer similar yields. For inquiries, contact Enomoto directly at mobile number 090-6892-5088.

The area of Kogane is well-connected, with the Kitakyushu High-Speed Railway's Kawaragu-Misagino Station just a 4-minute walk away. A notable landmark in Kitakyushu is the historic Kokura Castle, a reconstructed castle featuring a traditional keep and beautiful gardens, located a short distance from the property and offering a glimpse into the region's samurai past.