2LDK property Kanoya City Kagoshima Prefecture

This investment property consists of a wooden house constructed in 1993, located in Kanoya City, Kagoshima Prefecture. It features a practical 2LDK layout, with a building area of 59.62 square meters, situated on a substantial land plot measuring 380.33 square meters. The robust wooden construction contributes to its long-term durability and structural integrity. Crucially, this property is currently fully leased, presenting a stable investment opportunity with a reported yield of 11.40%. This favorable return on investment makes it particularly attractive for individuals or entities seeking consistent and reliable rental income within the Japanese real estate market. The asset is noteworthy for comprising three individual detached rental units, which allows for diversified income streams and inherently reduces overall vacancy risk. Each unit provides a functional living space, including one bathroom across the property. Its specific address at 7-chome, Kotobuki, within Kanoya City, ensures convenient access to local amenities, public transport, and essential services required for daily living, enhancing tenant appeal. Designated within a First Type Medium and High-Rise Residential Exclusive District, the property's zoning firmly supports its current residential use and its potential for sustained value within a planned urban environment. This offering represents a pragmatic acquisition for a diligent investor.