Compact Investment Apartment in Hamamatsu
This studio apartment is located in the Kita-Terashima-cho area of Naka-ku, Hamamatsu City, Shizuoka Prefecture. The property is a second-floor unit within a five-story reinforced concrete building. The apartment offers a living area of 17.63 square meters, measured by wall center, and includes a balcony of 2 square meters with a primary eastern exposure. The unit was built in June 1984.
The apartment features an IH cooking heater, an air conditioner, and a corner room layout with two-sided natural light. A hot water supply system is also installed. The interior was renovated in April 2016, which included replacing flooring with new flooring throughout, replacing wallpaper in all rooms, replacing carpet and CF sheets, replacing the IH stove, replacing the air conditioner, and installing a monitor intercom.
The property is situated in a quiet residential area. It is currently occupied by a tenant, presenting an owner-change opportunity. The expected annual rental income is 276,000 yen, resulting in a projected gross yield of 18.39%. The building has a total of five floors. The land rights are freehold.
