---
title: Fully-Leased Apartment “Days”
date: 2026-11-02T19:48:15+09:00
author: Boundary Real Estate
canonical_url: "https://uchijapan.com/properties/fully-leased-apartment-days"
section: Properties
---
Located in the highly convenient downtown district of Kutchan, this turnkey income-producing apartment building presents a stable, high-performing asset in the greater Niseko region.

**Property & Tenancy Overview**  
The property comprises eight well-appointed 2-bedroom, 1-bathroom units. All eight units are currently fully leased to a single corporate entity, which utilizes the building as employee housing. This unified tenancy structure ensures immediate occupancy, zero current vacancy risk, and remarkably streamlined, hassle-free property management for the investor.  
  
**Financial Performance**  
The building generates a stable annual rental income of approximately ¥7,830,000, achieving a robust gross yield of roughly 4.66%. Because the building is fully tenanted, it is strictly an investment vehicle and cannot be used for owner-occupancy (unlike standard vacation condominiums in Niseko). However, in exchange for relinquishing owner-usage, investors benefit from a significantly higher operational yield than typical Niseko condominium investments.  
  
**Future Capital Appreciation**  
Beyond its immediate cash flow, the property offers compelling long-term upside. The road fronting the property is officially slated to become a key access route connecting National Route 5 to the forthcoming expressway network. This major infrastructural upgrade is highly anticipated to drive substantial land value appreciation in the immediate vicinity, making this both a strong yield play and a strategic land banking opportunity.

 

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 [View this listing on the agent's site](https://boundary-re.com/properties/fully-leased-apartment-days/?ref=uchijapan.com) or use the contact buttons at the top of this page to get in touch with the agent directly.