Modern Investment Condominium in Komazawa, Setagaya
This property is a well-maintained condominium unit located in the desirable Komazawa 5-chome area of Setagaya Ward, Tokyo. Currently tenanted, it presents an attractive investment opportunity with an estimated annual rental income of 1,099,800 yen and a projected yield of 2.76%. The unit features a 1K layout with a 7.3-tatami mat Western-style room and includes a balcony measuring 3.07 square meters, with primary sunlight exposure from the west.
The building, constructed in March 2016 by Ikeda Construction Corporation, is an 8-story reinforced concrete (RC) structure with a total of 24 units. This particular unit is situated on the 5th floor. The condominium offers comprehensive amenities including a monitor-equipped auto-lock entry system, parcel delivery boxes, an elevator, and a free bicycle parking area (availability subject to confirmation by the management association). The property is managed by G&G Communi under a fully entrusted,巡回 (patrol-based) system with an active management association.
Equipment/Features: The unit is equipped with a bidet toilet, auto bath, shower, bathroom dryer, bathroom heater, washbasin, system kitchen, 2-burner stove, closet, air conditioning, 24-hour ventilation system, multimedia outlets, indoor laundry machine space, flooring, cushion flooring, monitor intercom, double-lock door, city gas, water supply, sewerage, hot water supply. The exterior of the building features tile siding.
Special Notes/Remarks: The sale is conducted under a 専任媒介 (exclusive agency) arrangement. Pet ownership is negotiable (small dogs allowed, cats allowed, other pets negotiable). Owner change is applicable. Use for office purposes is not permitted. There is no key money or initial lump-sum payment required for the existing tenancy. The parking space is currently unavailable (空無). The renovation reserve fund is 5,320 yen per month, and the management fee is 10,300 yen per month. The floor area is 26.61 square meters (wall-center measurement, approximately 8.04 tsubo). The agent handling this property is Zhu Yingqi (Shu Inchi).
The Komazawa area is a prestigious and tranquil residential neighborhood known for its proximity to Komazawa University and its extensive Olympic Park, a legacy of the 1964 Tokyo Olympics. The park is a major recreational hub for locals, featuring sports facilities, walking paths, and open green spaces. The closest major landmark is the historic Gotokuji Temple, famous for its countless 'maneki-neko' (beckoning cat) figurines, which is approximately a 20-minute walk or a short bus ride from the property.
