Spacious 8LDK Investment Property in Nagoya's Naka Ward
This substantial property presents a rare opportunity in Nagoya's Naka Ward. The building is a large, three-story light-gauge steel structure built in January 1997, offering a generous total floor area of 293.33㎡ (approximately 88.73 tsubo). The layout is an expansive 8LDK, providing ample space for multiple tenants or a large family. The property sits on a land area of 247.29㎡ (approximately 74.8 tsubo) with a building-to-land ratio of 50% and a floor area ratio of 100%. The land is designated as residential land within a Category I Low-Rise Exclusive Residential Zone in a city planning area, ensuring a quiet living environment.
Key equipment and features of the property include a walk-in closet, city gas, electricity, and both water supply and sewage systems. The property is currently tenanted, generating a steady annual rental income of 3,000,000 yen, which translates to a current yield of approximately 4.91%. The monthly rent is 250,000 yen. Additional features include two free parking spaces. The transaction is handled as a general intermediary service.
The location in Maedanishi-machi is highly convenient. It is an 8-minute walk from Fushiya Station on the Kintetsu Nagoya Line, providing direct access to central Nagoya. The area is well-served by local amenities, including Meadenomori Nursery School (49m), Nagoya City Nishimaeda Elementary School (180m), and Nagoya City Sukemitsu Junior High School (400m). For daily needs, there is a FamilyMart convenience store (350m) and a Chukyo Bank branch (240m) nearby.
The surrounding area of Naka Ward is a blend of residential calm and urban accessibility. An interesting local fact is that Naka Ward is home to the Port of Nagoya, one of Japan's largest and busiest trading ports, which has been a cornerstone of the region's economy for over a century. For recreation and culture, residents can easily visit the nearby Nagoya Castle, a magnificent historic landmark and one of Japan's most famous castles, located just a short train ride away in the heart of the city.
