Renovated 1LDK Apartment in Shibuya with Investment Potential
This property is a 1LDK apartment located on the 7th floor of a 7-story reinforced concrete building constructed in December 1965. The apartment has a private interior area of 33.86 square meters (approximately 10.24 tsubo) and features a 3-square meter south-facing balcony. The building does not have an elevator. The property is currently tenanted, with a planned handover date available upon consultation.
According to the agent's notes, the apartment is scheduled for renovation completion by the end of February 2025. The renovation may involve changes to the layout of the water areas (kitchen, bathroom, etc.). The property features two-sided lighting, good sunlight exposure, and excellent views. It is a corner unit on the top floor. The equipment list includes a bidet toilet seat, separate bath and toilet, a reheating function for the bath, a shower, a washbasin area, a system kitchen, a counter kitchen, closets, air conditioning, an indoor space for a washing machine, flooring in all rooms, light fixtures, a monitor-equipped intercom, city gas, and running water. There is no parking lot or motorcycle parking. Access to the unit involves climbing stairs from the street level to the 5th floor. A future rental contract is planned with a total monthly rent of 127,000 yen. The annual projected rental income is 1,524,000 yen with an expected yield of 8.5%. Special conditions include owner change, pets negotiable (small dogs allowed, cats allowed), and use as an office negotiable.
