Investment Opportunity in Nagasaki
This apartment building, Himawari Nanabankan, presents a solid investment in Nagasaki City. Constructed in 1996, the eight-unit building is currently fully tenanted, generating a projected annual rental income of 5,112,000 yen. The gross surface yield at full occupancy is calculated at 6.39%.
The property is situated in the Shimonishiyamachi district, a short walk from Suwa Jinja Station on the Nagasaki Electric Tramway. This location offers excellent access to the city's comprehensive tram network. Nagasaki is a city steeped in history, famously being one of the few ports open to foreign trade during Japan's period of isolation.
The closest major landmark is the Glover Garden, an open-air museum exhibiting historic Western-style homes from the Meiji era, perched on a hill overlooking the harbor. The building's layout includes a mix of 1-room and 1K apartments, with a total floor area of 332.13 square meters.
