Shinsetsu 10

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The Shinsetsu apartments are extremely popular rental properties, offering comfort, style and one of the best locations in town, just 60 meters from the main Hirafu junction.The apartment comes with a garage which is currently rented out to a third party for 162,000 yen per annum pushing the total rental yield up slightly. 

Apartment 10 has ample light in the spacious living room dining area. 
The interior design is a mix of Japanese and Western styles and the layout has 2 bedrooms on the lower floor with a separate bathroom toilet, separate toilet and separate hand basin.
The main bedroom on the 2nd floor has its own bathroom and toilet and a large living room/ dining  area provides maximum enjoyment of  views and apres ski entertainment.
Ownership of unit 10 conveys a 42% share of the total land on which the 3 apartment building stands; which adds significantly to the value should the apartments ever be redeveloped.
The location, price range and yield (currently 3.6% at the asking price of 54 million yen) make  Shinsetsu 10 a very attractive proposition as a holiday home and an investment vehicle with room for capital gain.

Property Address 170-29-1 Aza-Yamada, Kutchan-cho, Abuta-gun

Property Details

Location Hirafu Middle
Bedrooms 3
Bathrooms 2
Building Size Total floor area 101.26㎡
Garage/Car spaces 1 Garage
Number Of Floors 2
Time To Lifts Walking - 5 minutes

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  3   2   1 Garage

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