Two-Unit Detached Rental Property in Kimotsuki District, Kagoshima
This listing presents a unique investment opportunity: two detached rental buildings currently fully occupied, offering a combined gross yield of 10.33%. The property is located in the Shin-tomi area of Kimotsuki District, Kagoshima Prefecture, within a 4-minute walk from the Honmachi bus stop. The two units are designated as 3DK and 3LDK layouts, with building areas of 75.76 square meters and 78.47 square meters, respectively. Both were constructed in 1992, making them 34 years old, and are built with a wooden structure on a single story.
The property features a substantial land area of 475.97 square meters. Key equipment and features include a system kitchen, counter kitchen, IH cooktop, gas cooktop, bath with reheating function, bathroom dryer, washbasin with shower attachment, washlet toilet, walk-in closet, storage in all rooms, TV monitor-equipped doorphone, and underfloor heating. The property is described as all-electric, barrier-free, south-facing, and includes a free parking space. Utilities are supplied by public water, propane gas, and a septic tank system. The agent notes highlight the use of propane gas, which provides strong火力 (firepower) for quick baths and cooking, and offers faster recovery times in the event of a disaster.
The surrounding area is residential and convenient. The Kimotsuki Town Takayama Elementary School is within a 365-meter radius (approximately a 5-minute walk). Other nearby facilities include a FamilyMart convenience store (402m), the Kimotsuki Town Hall (579m), and an A-Coop supermarket (780m). The property is currently occupied, and viewings are possible.
The Kimotsuki District is part of the Osumi Peninsula in Kagoshima, an area known for its rich history, including connections to the ancient Hayato people and the Satsuma domain. A major regional landmark is the stunning Cape Sata, the southernmost point of mainland Kyushu, known for its dramatic coastal scenery and lighthouse. The area offers a peaceful, rural lifestyle with easy access to nature and the coast.
