Maison de Series: An Investment Apartment in Fukuoka's Minami Ward
This property presents a compelling investment opportunity in the form of a studio apartment within the Maison de Series building, located in Fukuoka City's Minami Ward. Currently under a sub-lease agreement generating a monthly income of 18,000 yen, the apartment offers a surface yield of 8.3%. A significant benefit for the owner during this sub-lease period is that the management company covers the monthly management fees, enhancing the net return.
The apartment itself is a compact studio layout with a private area of 16.1 square meters (approximately 4.87 tsubo). It is situated on the 7th floor of a robust 7-story reinforced concrete (RC) building constructed in November 1988. The building is well-equipped with essential facilities: it uses city gas, features an elevator for easy access, and provides a bicycle parking area for residents. Monthly fees include a 5,000 yen management fee and a 5,020 yen reserve fund, with an additional water utility cost of approximately 2,500 yen per month. Please note the property does not include a car parking space.
The property is currently tenanted, and the listing indicates an owner change is planned. The building is under full entrusted management with an active management association and a巡回 (rotational/patrolling) superintendent service managed by Presto Service Co., Ltd.
The Shiohara 4-chome neighborhood in Minami Ward offers convenient access to central Fukuoka. The closest station is Nishitetsu Omuta Line's Ohashi Station, just an 8-minute walk away. The area is a blend of residential comfort and urban convenience. An interesting local fact is that Minami Ward is home to the Ohori Park, a large and beautiful public park centered around a large pond that was originally part of the moat system of Fukuoka Castle. The closest major landmark from the property is the Fukuoka Tower, a 234-meter tall seaside tower in nearby Sawara-ku, offering panoramic views of Hakata Bay and the city.
