Shinsetsu 10

Apartment

Middle Hirafu

3  beds     2  baths     Floor Area:  floor area 101.26㎡      1 Garage  garages

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