Raffine Ochanomizu 5F: A Prime Investment Opportunity in Central Tokyo
This is an owner-change property located in the heart of Tokyo's Chiyoda Ward, offering a prime investment opportunity. The unit is a studio apartment (One Room) with a wall-core exclusive area of 16.55 sqm (approximately 5 tsubo) and includes a 2.21 sqm balcony. The building is a 13-story reinforced concrete structure (SRC), and this unit is situated on the 5th floor. It was built in February 1982 and underwent major renovation work in 2017, ensuring the building's long-term maintenance and condition.
The property is exceptionally well-connected, with access to four stations and four train lines. It is a 6-minute walk to JR Ochanomizu Station (Chuo-Sobu Line), a 3-minute walk to Tokyo Metro Shin-Ochanomizu Station (Chiyoda Line), and a 4-minute walk to Tokyo Metro Awajicho Station (Marunouchi Line). The location is in a commercial zone, offering excellent sunlight and views. The unit is currently tenanted, with an estimated annual rental income of 840,000 yen, yielding an approximate 4.6% return. Pets are not permitted, but office use is allowed.
Building equipment includes air conditioning (cooling and heating), water supply, sewerage, hot water, an elevator, and a coin laundry. There is no dedicated parking or bicycle parking. The management fee is 5,600 yen per month, and the repair reserve fund is 2,800 yen per month. The management is fully delegated with a daytime superintendent and a management union in place.
The Kanda-Ogawacho area is a historic part of Tokyo known for its concentration of bookstores and publishing houses, creating a unique academic and cultural atmosphere. The area is also a short walk from the famous Kanda Myojin Shrine, a vibrant Shinto shrine with a history dating back over 1,200 years, known for its blessings in prosperity and good luck.
