Compact Investment Property in Takamatsu, Kagawa
This property is a compact, two-story wooden house built in September 1979, located in Takamatsu, Kagawa Prefecture. The building area is 38.22 sqm (approximately 11.56 tsubo) with a 1DK layout. The land area is 23.63 sqm (approximately 7.14 tsubo). The property has been renovated and is ready for immediate occupancy. The agent notes highlight that this property is also suitable for investment use, with a good yield. The property is currently vacant, making viewings and inquiries straightforward.
Key equipment and features include a separate bath and toilet, flooring in all rooms, city gas, and both water supply and sewage systems. Special notes indicate that rental is also possible at a monthly rate of 27,000 yen, with zero months of security deposit (敷金), zero months of key money (礼金), and one month of free rent. Pet ownership is negotiable. The seller will not clarify the property boundaries, and it will be transferred in its current state. The location is approximately 2 km from Takamatsu City Hall, about an 8-minute drive. There is no parking on the lot, but there are rental parking spaces available nearby. The projected annual rental income is 324,000 yen, with an estimated annual yield of 19.05%.
The property is situated in Takamatsu, the capital city of Kagawa Prefecture on the island of Shikoku. The area is known as the gateway to the Seto Inland Sea and is famous for its udon noodles. A major nearby landmark is Ritsurin Garden, one of Japan's most celebrated historical gardens, located just a few kilometers away. This meticulously landscaped strolling garden, dating back to the early Edo period, is a designated Special Place of Scenic Beauty and offers a serene escape with its ponds, teahouses, and manicured pine trees.
