ISLAND CITY OCEAN & FOREST TOWER RESIDENCE WEST

A condominium located in the Island City Teriha area, within a systematically developed residential district. This property is expected to attract stable rental demand, primarily from families, thanks to its lush green streets and well-established living infrastructure.

Kashiiteriha 6-chome is situated in the residential zone of "Island City," which Fukuoka City designed from scratch under an urban plan. Its orderly streetscape, free from haphazard development, and pedestrian-friendly environment with scattered greenways and parks, have garnered strong support from families raising children. The entire area is maturing into a "city chosen for its livability."

The 28-minute walk to the nearest Nishitetsu "Kashiikaenmae" Station might initially seem like an access challenge. However, many residents in this area primarily use private cars or buses for transportation. The surroundings are well-equipped with commercial facilities like Foodway, convenience stores, and medical facilities such as dental and pediatric clinics, establishing it as a "self-sufficient living area if you have a car." As a result, it consistently captures demand from families who choose their residence based on "town quality" rather than proximity to a station.

The price range in the mid-60 million yen mark offers clear value when compared to properties of similar scale in the city center. It is also noteworthy that the uniformity of the town, characteristic of a planned city, and the comprehensive living infrastructure underpin its asset value.

Investment Points: - The uniform streetscape of "Planned City" Island City underpins asset value – A developed area with no risk of haphazard development, where landscape and environmental standards are easily maintained long-term. - Area characteristics chosen for "town quality" rather than station proximity – Foodway, convenience stores, and medical facilities are all within walking distance, and rental demand is self-sustaining as a car-centric living area for families raising children. - Residential asset in a planned city available in the mid-60 million yen range – While maintaining a price advantage compared to Fukuoka city center, high tenant retention can be expected due to the well-maintained living environment.