Otsuka
Apartment
An attractive turnkey investment just 4 minutes from JR Otsuka Station on the Yamanote Line. This 18th-floor 3LDK apartment (77.01m²) is located in The Tower Residence Otsuka, a 23-story seismically-isolated high-rise built in 2012. Situated in the tranquil Kami-Yamate area of Toshima-ku, the location offers both serenity and urban convenience.
The unit is currently tenanted, providing immediate passive income of ¥298,000/month (¥3,576,000/year) with a gross yield of approx. 2.69%. With freehold title, outsourced building management (Mitsubishi Estate Community), and a reputable developer (Tokyu Construction), this is a low-maintenance, high-quality asset in a professionally managed condominium of 201 units.
Ownership includes co-ownership rights to the land, and the building offers standard amenities such as an elevator, delivery box, and 24/7 security systems. Total monthly building-related fees (management and reserve) are ¥38,763. Parking, bicycle, and motorcycle spaces are available (to be confirmed).
Details
Price: ¥132,800,000
Size: 77.01m²
Bedrooms: 3
Year Built: 2012
Floor: 18
Total Floors: 23
Land Right: Freehold
Monthly Running Costs
Management Fee: ¥38,763
Maintenance Fund:
Other Fee:
Access
Otsuka [4 min], Yamanote line