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1LDK investment property in Hakata Ward, Fukuoka CityHakata-ekimae 2-chome priced at 2,730 (10K JPY) — member-only listing on FukuokaToday RealEstate.
Investment Note
A currently rented unit rooted in the commercial district of Hakata Eki Mae, within the Gion Station area. The core of this property lies in its location, which consistently attracts single professionals in an area with strong business demand. The address "Hakata Eki Mae" possesses an exceptional magnetism even within Fukuoka. This area, where domestic and international companies gather and new workers flow in annually, constantly sees business professionals seeking residences primarily based on the conditions "close to the station, close to Hakata." The address Hakata Eki Mae 2-chome, a 7-minute walk from Gion Station, certainly falls within the scope of such demand. Its 8th-floor elevation provides a quiet retreat from the surrounding hustle and bustle. The fact that it remains rented even after more than 10 years since construction indicates that demand in this area is not temporary. The management cost structure, where the total of management fees and repair reserve funds is within the 10,000-yen range per month, also makes cash flow easy to predict for long-term ownership. Fukuoka City's population growth and the concentration of businesses in Hakata are structural backgrounds that will continue to underpin rental demand from single workers. Whether for continued leasing, using it as a personal base, or considering future sale, the value of the "Hakata Eki Mae" address is unlikely to diminish over time. Investment Points: - Continuous influx of workers into the Hakata Eki Mae area, leading to strong rental demand from single business professionals. A location where the quality of the local demand segment is predictable, whether for leasing or using as an occasional base. - Currently operating with a rent of 91,000 yen. Monthly income and expenses are already in motion, allowing for immediate transition to operational status after purchase. - Low-cost structure where the total of management fees and repair reserve funds is in the low 10,000-yen range per month. Cash flow for long-term ownership is stable and easy to estimate.