Sub-Lease Apartment in Ota Ward, Tokyo
This property is a sub-lease apartment located on the 6th floor of a 6-story reinforced concrete (RC) building constructed in August 2007. The unit offers a compact 1K layout with a wall-core exclusive area of 20.52 sqm (approximately 6.2 tsubo) and includes a 2.98 sqm balcony facing north for natural light. The monthly management fee is 8,000 yen, with a monthly repair reserve fund of 1,600 yen. There is no parking available on-site.
As a sub-lease property, it comes with a projected annual rental income of 918,840 yen (76,570 yen per month), offering a projected annual yield of 3.82%. The building is managed under a fully outsourced, patrol-based system. The property is currently tenanted, and the handover timing is negotiable. The building has undergone a building confirmation inspection and comes with defect insurance and equipment performance guarantees.
The apartment is situated in Kamikedai 5-chome, Ota Ward, Tokyo. The area is well-connected, with Nishi-Magome Station on the Toei Asakusa Line just a 13-minute walk away. Ota Ward is known for its blend of residential calm and green spaces, featuring the historic Ikegami Honmon-ji Temple, a significant Nichiren Buddhist temple founded in the 13th century, which is a major cultural landmark in the vicinity.
