Minaminishincho-Rokuchome Station

About This Station

Minaminishincho-Rokuchome is a local tram stop on Hiroshima Electric Railway lines 1 and 5 in a residential neighborhood south of the city center. The area is aging with declining population at -2% annually. Rental units are sparse and old, averaging 2,800-3,500 yen per tsubo. Yields are compressed at 4.5-5.5% due to obsolescence and vacancies. Limited amenities and poor transit connectivity make this an unattractive market. This location is suitable only for deep-value investors with tolerance for high vacancy and extended holding periods.