Investment Opportunity in Central Tokyo: A Studio Apartment in Akasaka
This property is a studio apartment currently generating rental income, located in the highly desirable Akasaka district of Minato Ward, Tokyo. The unit is on the 4th floor of a 9-story building (with one basement level) constructed in November 1979. With a wall-core exclusive area of 22.01 sqm (approximately 6.65 tsubo), the apartment features a 9.7-tatami mat Western-style room and a 3.3 sqm balcony facing southeast. The building is a steel-reinforced concrete (SRC) structure with a total of 102 units.
Key features and equipment include an IH cooking heater, air conditioning, an auto-lock building entrance, hot water supply, and an elevator. The exterior of the building is tile-clad. A significant renovation was completed two years ago with the full replacement of the three-point unit bath. The property is currently tenanted at a monthly rent of 90,000 yen, providing an immediate rental yield. The annual projected rental income is 1,080,000 yen, with an estimated annual yield of 4.73%. The land share for this unit is 2.09 tsubo, adding to its asset value. The transaction is an exclusive intermediary arrangement. Please note that floor plans prioritize the current layout.
The location offers exceptional convenience, within a 3-minute walk from Tokyo Metro Chiyoda Line's Akasaka Station, a 9-minute walk from the Toei Oedo Line's Roppongi Station, and a 12-minute walk from Tokyo Metro Ginza Line's Akasakamitsuke Station. The vibrant Akasaka and Roppongi areas are renowned for their blend of business, dining, and nightlife. A notable nearby landmark is the Tokyo Midtown complex, which includes the serene Midtown Garden, high-end shopping, and the Suntory Museum of Art.
