Investment Opportunity: Spacious 2K Apartment in Adachi, Tokyo
This property is a well-maintained 2K apartment located on the 8th floor of an 8-story SRC (steel-reinforced concrete) building constructed in September 1987. The apartment offers a comfortable living space with a wall-core exclusive area of 31.53 sqm (approximately 9.53 tsubo), featuring a Japanese-style room of 6 tatami mats and a Western-style room of 4.5 tatami mats. A balcony of 5.55 sqm provides additional outdoor space. The building is professionally managed with a full-consignment, patrol-based system and comprises 141 units in total.
Key financial details make this an attractive investment. The property is currently tenanted, generating an estimated annual rental income of 669,600 yen, which translates to a projected annual yield of 8.58%. The asking price is 7.8 million yen, with monthly running costs of 8,703 yen for management fees and 5,839 yen for repair reserve fund contributions. The property is located in a Quasi-Industrial Zone and comes with defect insurance and equipment performance guarantees. The transfer of ownership is planned, and the handover date is negotiable.
The apartment is situated in the Ōyada 3-chome district of Adachi Ward, Tokyo. The area offers convenient access via the Tokyo Metro Chiyoda Line, with Kita-Ayase Station a 14-minute walk away, and the Chiyoda/Jōban Line's Kameari Station within an 18-minute walk. An interesting fact about Adachi Ward is that it is home to the historic Toneri Park, one of Tokyo's largest parks featuring extensive sports facilities, a Japanese garden, and a planetarium, offering a significant green oasis within the metropolis.
