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1LDK investment property in Chuo Ward, Fukuoka CityKiyokawa 2-chome priced at 3,380 (10K JPY) — member-only listing on FukuokaToday RealEstate.
Investment Note
Kiyokawa, Chuo Ward, Fukuoka City. This location, adjacent to the Tenjin and Yakuin areas, possesses a magnetic field that naturally attracts professionals working in the city center. Its two-year-old newness continues to meet the selection criteria of renters. The place name Kiyokawa holds a certain meaning for those living in Fukuoka. Located between Yakuin and Tenjin, this area, densely packed with dining, commercial, and medical facilities, is repeatedly chosen by singles and DINKS who wish to "have a place in the city center." Watanabedori Station is within walking distance, and Tenjin-Minami is just one stop away on the Nanakuma Line. This accessibility perfectly aligns with the range of activity for those who choose properties based on their daily commute. Completed in 2024, this residence meets the standards required in the current rental market in terms of both facilities and specifications. The compact floor plan, yet equipped with a balcony, is a design supported by generations who spend a lot of time at home. The low level of management fees and repair reserve funds contributes to the predictability of running costs. Rental demand in Chuo Ward, due to the nature of the area, is less susceptible to economic fluctuations. This location, close to the two major business hubs of Tenjin and Hakata, and with daily living infrastructure completed within walking distance, has a structure where renters are unlikely to be interrupted. The property's character here can accommodate both the option of renting it out for profit and the option of using it as one's own base. Investment Points: - An area continuously chosen by singles and DINKS working in the city center. Rental demand in Kiyokawa, Chuo Ward, adjacent to Tenjin and Yakuin, tends to be stable due to the nature of its location. - Its newness, completed in 2024, continues to meet renters' primary selection criteria in the rental market. The risk of vacancies due to facility deterioration can be suppressed for the foreseeable future. - The total burden of management fees and repair reserve funds is a minor 6,300 yen per month, providing a revenue and expenditure structure that makes cash flow forecasting easy.