Redevelopment Area In Fukuoka

2022 3/30

2022-03-30 2022-03-30

Hi everyone.

Today’s property is a bargain sale in the center area of Fukuoka city.

We have some units for management so we know the rental demand and building itself as well.

the current rent for this property is 39,000 yen/month but recently we found a new tenant at 44,000 yen/month for another unit in the same apartment.

So, this property has the potential to get a higher rent for the next tenant.

This is my high recommendation for your investment in Japan.

Please check the details below.

Name: Runess Rowaru Hakataekiminami (ルネスロワール博多駅南）

Price: 5,800,000 Yen →5,500,000 Yen ≒ 45,059 USD

Size: 21 sqm ≒ 226 sqf

→ 199 usd/sqf

Address: 福岡県福岡市博多区博多駅南2-7-13

Google map: https://goo.gl/maps/E91CBRjof6KmPhXB9

Access: 12 mins walk to Hakata station (博多駅)

※Hakata station is currently under redevelopment.

Structure: Reinforced Concrete

Land Rights: Freehold

Number of total units: 68

No.of Floor: 11F

Unit Floor: 2F

Unit Number: #2xx

Built Year: June 1991

Building Management/Maintenance Fee: 9,570 yen/month

Type of unit: 1R

Size: 21 sqm

Balcony: 3.9 sqm

Facing: Southwest

Occupancy: Tenanted

Rent: 39,000 yen/month

Other: Elevator, Toilet and Bath separated, Space for washing machine

(Detail of lease contract)

Need to confirm

(Photo)

(Room Layout)

(Map)

(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.