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Apartment Shibuya City (Japan)by list sotheby's international realty

ApartmentShibuya City (Japan)
Price :
$574,400
bedrooms2 bathroom1

■ Investment Property Offering Attractive Expected Returns
■ Underfloor Heating in the Living/Dining Area


Fixed-Term Lease Agreement
Monthly Rental Income: 410,000 yen
Annual Rental Income: 4,920,000 yen
Lease Term: Through March 19, 2027
Gross Yield: Approx. 5.48%
*Rental income is not guaranteed to be received reliably in the future.
*The yield is calculated as the ratio of annual rental income (including common area maintenance fees, etc.) to the sales price, before deducting property taxes, public levies, and other expenses necessary to maintain the property. Furthermore, the projected rent and projected yield are calculated based on market rental rates, including rent for vacant units, and assume full occupancy.




Property Information
■Location: 1-4-20 Jingumae, Shibuya-ku, Tokyo
■Access: 6-minute walk from “Harajuku” Station on the JR Yamanote Line
7-minute walk from “Meiji-Jingumae” Station on the Tokyo Metro Chiyoda and Fukutoshin Lines
15-minute walk from “Omotesando” Station on the Tokyo Metro Ginza, Hanzomon, and Chiyoda Lines
■Land Rights: General Fixed-Term Leasehold ■Term: End of March 2061
■Security Deposit: 3,546,400 yen (included in the price)
■Zoning: Type II Medium- to High-Rise Residential Zone
■Urban Planning Area: Urbanized Area
■Exclusive Area: 61.85 m² (approx. 18.70 tsubo)
■Balcony Area: 7.82 m² (approx. 2.36 tsubo)
■Structure: Reinforced concrete construction with partial steel frame; 16 stories above ground with 3 basement levels
■Floor Level: 7th floor
■Total Units: 385
■Date Built: January 2009
■Contractor: Takenaka Corporation
■Developers: Mitsui Fudosan Residential Co., Ltd., Tokyu Land Corporation
■Management Company: Mitsui Fudosan Residential Service Co., Ltd.
■Property Manager Status: Daytime shifts / Full-service management
■Management Fee: 20,840 yen/month ■Repair Reserve Fund: 6,190 yen/month
■Land Rent: 88,660 yen/month
■ Demolition Reserve Fund: 1,930 yen/month
■ Green Space Maintenance Fee: 5,570 yen/month
Total: 123,190 yen/month
■ Current Status: Rented
■ Handover: Negotiable
■ Remarks: The sale price includes a security deposit of 3,546,400 yen.
In the event of any discrepancy between the floor plans and the actual condition of the property, the actual condition shall take precedence.
■Mode of Transaction: Brokerage.
■Last update date:
License Number: Minister of Land, Infrastructure, Transport and Tourism (3) No. 8544 [Member of] Real Estate Companies Association of Japan (FRK) / National Housing Industry Association
Advertiser reference : HDZW2HLe Figaro Properties reference : 108889747

In detail

* : Information not provided by the advertiser

Apartment Shibuya City (Japan)

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