Investment Opportunity: Owner-Change Studio Apartment Near Nakamura Park Station
This is an owner-change (tenant-occupied) studio apartment located in Nakamura Ward, Nagoya City, Aichi Prefecture. The property is currently under a sublease agreement and generating rental income, making it an investment opportunity. The seller originally planned to use it as a second home after the opening of the Chuo Shinkansen but has decided to sell after acquiring another property in Suwa, Nagano Prefecture. As an owner-change property, interior viewing is not possible. Please note that there is traffic noise from the north side facing Taiko-dori Avenue.
The unit is situated on the third floor of a 13-story reinforced concrete (RC) building constructed in March 2019, comprising 40 units. It offers a living area of 25.09 square meters (1K layout) with a balcony of 5.22 square meters. The current sublease contract rent is 57,000 yen per month. A special bonus for the purchaser is a three-year right to use one room in a property overlooking Lake Suwa.
The property is located just a 2-minute walk from Nakamura Park Station on the Higashiyama Line, which is 6-7 minutes from JR Nagoya Station, offering excellent convenience. The building is equipped with an elevator, security cameras, delivery box, bicycle parking, auto-lock system, free internet, monitor-equipped intercom, security glass, barrier-free design, and flooring in all rooms. The unit features a balcony, storage space, two closets, entrance storage, a shoe cabinet with high ceiling, separate bath and toilet, shower, reheating/auto-bath function, dressing room, three-point hot water supply, washlet toilet, washstand, separate washroom, shampoo dresser, indoor washing machine space, a two-burner propane gas stove, system kitchen, one air conditioner, 24-hour ventilation system, BS/CS and UHF antenna support, and optical fiber WiFi. A notable feature is a spacious walk-in closet, with the toilet, bathroom, and washbasin each in separate rooms.
Monthly expenses include a management fee of 5,700 yen and a repair reserve fund of 2,000 yen. Annual fixed property tax is 60,000 yen, and fire/earthquake insurance is 40,000 yen every five years. The transfer date is negotiable, as the current sublease contract needs to be terminated. The buyer may also choose to continue the sublease contract. The asking price is 16,000,000 yen, with additional fees required by Ieichiba and property acquisition tax.
