Compact Studio Apartment in Matsuyama City Center

This studio apartment, located on the fifth floor of a five-story reinforced concrete building, offers a compact and efficient living space in the central Chuo 1-chome area of Matsuyama City, Ehime Prefecture. The property features a single room layout (one-room) with an interior floor area of 16.6 square meters. The building was constructed in November 1988 and the unit faces south, providing good natural light.

The property is currently being managed under a master lease agreement (sublease contract) and is being sold as an owner-change (owner change) opportunity. The annual projected rental income is 106,620 yen, giving a gross yield of 6.6 percent. The building is equipped with CATV, an auto-lock security system, and a bicycle parking area.

The apartment is conveniently located approximately a 12-minute walk from Honmachi-Rokuchome Station on the Iyotetsu Loop Line and a 9-minute walk from Yamagoe Station. The surrounding area offers easy access to central shopping streets and commercial facilities, with a Starbucks Coffee and a Marunaka supermarket within walking distance. The property is in a designated Category 2 residential zone.