Exclusive Listing · Japan
Apartment Building in Takahamamachi, Matsuyama Commercial Property in Takahamamachi 1-chome, Japan
A reinforced concrete rental block with parking and a sea view in an Ehime city
- Price
- JPY 154.30M
- Completion
- Completed
Introduction
Matsuyama is a city in Ehime Prefecture on the island of Shikoku, and this property sits within walking distance of local rail and a working harbour. It is a seven-storey reinforced concrete building completed in 1991, made up mainly of family-sized layouts and sold with tenants in place. The land is freehold, with road access on two sides, and the building has a lift, air conditioning and on-site parking for every unit. It suits an investor looking for a running rental property in a regional Japanese city.
Why This Opportunity
Sold as a running rental
Almost every home in the building was occupied at the time of the listing. A buyer takes on an income-producing property rather than an empty block.
Parking for every home
On-site parking is provided in a ratio of one space to each unit. In a regional city where many households rely on a car, that matters to tenants.
Freehold land with two road frontages
The land is registered as freehold and is reached from roads on two sides. Building certificates are available for review.
Rail and harbour on foot
A local railway station and a ferry harbour are both within a short walk. Residents can get about without a car.
Family-sized layouts
The homes are mostly three-room layouts, which are aimed at households rather than single tenants.
The Area
Where it is
Getting around
Takahama Station (高浜駅)
Train station · Iyotetsu Takahama Line · 400 m · 5 min walk · 21 min to Matsuyama City Station
Matsuyama Airport (松山空港)
Airport · 9.4 km · 12 min drive
Nearby
Matsuyama Red Cross Hospital (松山赤十字病院)
Hospital with ER (secondary emergency) · 9.2 km · 18 min drive
Fuji Grand Matsuyama (フジグラン松山)
Shopping centre and supermarket · 7.5 km · 15 min drive
Matsuyama Castle (松山城)
Landmark, castle · 8.6 km · 17 min drive
Dogo Onsen (道後温泉)
Onsen · 10.3 km · 21 min drive
Schools
Takahama Elementary School (高浜小学校)
Public elementary school · Primary · 780 m · 10 min walk
Takahama Junior High School (高浜中学校)
Public junior high school · Lower secondary · 930 m · 12 min walk
Ehime University Johoku Campus (愛媛大学 城北キャンパス)
University · Tertiary · 8.9 km · 18 min drive
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Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.