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2LDK investment property in Chuo Ward, Fukuoka CityAkasaka 1-chome priced at 3,500 (10K JPY) — member-only listing on FukuokaToday RealEstate.
Investment Note
Akasaka 1-chome, where Ohori Park and Tenjin are within your daily living sphere. The gravitational pull of this address cannot be measured by its age. The fact that it has been continuously inhabited for over 40 years quietly proves the area's inherent strength. Within Chuo-ku, Fukuoka City, the address Akasaka 1-chome serves as a benchmark. It's within walking distance to Ohori Park, cycling distance to Tenjin's bustling downtown, and Yakuin's dining district is also within reach. This location, situated at the center of this triangle, possesses an equal appeal, making single urban dwellers, families raising children, and those staying in Fukuoka only on weekends all feel, 'This is the place to be.' The building is a Steel Reinforced Concrete (SRC) structure completed in 1981. Under current construction costs and regulatory environments, it is almost impossible to create a new combination of this scale, this structure, and this address. The fact that there has been continuous occupancy for over 40 years is not merely a record of repair history or yield calculations, but a testament to the constant demand from people who chose to live in this location. Properties with an Akasaka 1-chome address rarely appear on the market. If rented out, tenants seeking both urban access and quality environment would emerge. If used for occasional stays, it is one of the areas in Fukuoka where you can most feel 'at the heart of the city.' If you live there yourself, daily commuting costs are minimized, and the density of life increases. Regardless of the purpose for acquiring it, the core value of this address remains unchanged. Investment Points: - The Akasaka 1-chome location, encompassing Ohori Park, Tenjin, and Yakuin within walking or cycling distance, continuously attracts those who prioritize the quality of urban life. It's an address where the quality of the surrounding area is evident, whether for renting out or for personal stays. - The SRC structure completed in 1981 would be difficult to replicate in the same area under current construction costs and regulatory environments. This property should be valued not by its age, but by the rarity of this combination of structure and address. - The fact that there has been continuous occupancy for over 40 years quietly indicates the depth of rental demand in the area. A price range in the mid-30 million yen is a level that could serve as a starting point for long-term ownership of a prime asset in Chuo-ku.