Compact Investment Apartment in Central Tokushima City
This one-room apartment, located in the heart of Tokushima City, offers a prime investment opportunity with a high projected annual yield of 20.81%. The property is situated in a highly convenient commercial zone, just a short walk from key transportation and administrative hubs. The apartment itself is compact, with a private area of 12.29 sqm (approximately 3.71 tsubo) and features a south-facing balcony measuring 1.2 sqm.
According to the agent's notes, the property is equipped with a dedicated toilet, storage space, air conditioning, lighting fixtures, city gas, water supply, sewage, hot water supply, and free parking for bicycles and motorcycles. The exterior of the building is finished with tiles. Special notes indicate an owner change is in process, pets are not allowed, but the unit can be used for office purposes. The annual projected rental income is 204,000 yen. There are no key money or deposit requirements. Monthly running costs include a 3,850 yen management fee, a 1,000 yen repair reserve fund, and a 500 yen waste disposal fee. The fixed asset tax for Reiwa 7 (2025) is 13,200 yen annually.
The location is exceptionally central, within a 6-minute walk of the Tokushima Prefectural Government Office. The area is rich in history and culture, being the home of the famous Awa Odori, one of Japan's most renowned traditional dance festivals held every August. The property is also conveniently close to the Awa-Futanda Station on the Mugi Line, providing easy rail access. For a major tourist attraction, the stunning Ritsurin Garden in Takamatsu, a designated Special Place of Scenic Beauty, is a worthwhile day trip accessible from Tokushima.
