Compact Investment Condominium in Shibuya, Tokyo
This property is a studio apartment (One Room) located in Shibuya Ward, Tokyo, offering a compact yet functional living space with an eye toward investment. The unit has a wall-core exclusive area of 16.23 sqm (approximately 4.9 tsubo), featuring a 6.2-tatami mat Western-style room and a balcony of 2.47 sqm with primary sunlight exposure from the east. The building is a 4-story reinforced concrete (RC) structure, and this unit is situated on the 2nd floor. It was built in April 1988.
Key financial details include an asking price of 11 million yen. The property is currently tenanted, with an estimated annual rental income of 720,000 yen, projecting a gross yield of approximately 6.54%. Monthly running costs consist of a 7,500 yen management fee and a 6,544 yen repair reserve fund. There is no parking available. The transaction is listed as an exclusive intermediary, and the property is under owner change. The building is managed by Wing Home under a fully contracted,巡回 (rotational/patrol) management system. It includes a defect insurance guarantee and performance evaluation. The land use district is categorized as a Category I Exclusive Residential Zone.
Equipment and special features as noted by the agent include a double-lock door for enhanced security. Important remarks specify that inquiries must be directed to the information-providing real estate company listed on the property details page. The floor plan is prioritized to reflect the current condition.
The area of Shibuya's Honmachi district offers a residential atmosphere within the bustling metropolis. An interesting fact is that nearby Yoyogi Park, one of Tokyo's largest parks, was originally the site of the Olympic Village for the 1964 Tokyo Olympics before being transformed into the expansive public space it is today. The closest major landmark is the iconic Meiji Jingu, a major Shinto shrine dedicated to Emperor Meiji and Empress Shoken, surrounded by a vast forested area, located just a short distance away.
