Compact Investment Apartment in Oita City
This property is a compact 1K apartment unit located on the 2nd floor of a 5-story reinforced concrete (RC) building named 'Flection Oita Oozai'. The total private floor area is 20.09 sqm (approximately 6.07 tsubo), which includes a 2.1 sqm balcony. The building was constructed in July 1902. The unit is currently vacant and ready for immediate handover.
Agent notes and special remarks: The property is listed for sale at 2,000,000 JPY. Monthly running costs include a management fee of 4,900 JPY and a repair reserve fund of 4,020 JPY. There is no parking space available. The building has a total of 45 units and is managed by a management association under a fully contracted,巡回 (patrol-based) management system. Equipment includes storage space, air conditioning, water heating, and a bicycle parking area. A special note states that the unit is also being recruited for monthly rental at 25,000 JPY, offering a surface yield of 15%. The transaction type is exclusive intermediary.
The property is situated in Oita City's Oozai Kita 3-chome. For transportation, Oozai Station on the Nippo Main Line is approximately a 26-minute walk away. The area is within the designated Second Category Medium-to-High-Rise Exclusive Residential Zone.
