Property Overview: Palais d'Or Hachioji III
This property is a used condominium unit located in Hachioji City, Tokyo. The unit is on the second floor of a six-story reinforced concrete building constructed in May 1991. The residence offers a 1K layout with a living area of 19.25 square meters. The building features an auto-lock system and an elevator for security and convenience.
The unit includes a shower room, storage space, an air conditioner, and an indoor washing machine area. The main balcony faces northwest. The property is currently rented out, presenting an owner-change investment opportunity with an expected annual rental income of 440,000 yen and a projected gross yield of 11.02 percent.
Located in the Honmachi area of Hachioji, the property is a 13-minute walk from Hachioji Station on the Chuo Main Line and a 15-minute walk from Keio-Hachioji Station on the Keio Line. The monthly management fee is 12,580 yen, and the reserve fund for repairs is 4,800 yen.
