Wednesday, February 17th, 2010
Dear Investors,
I saw another interesting investment property in Kanda yesterday. Actually, it is in-between Kanda and Akihabara.
Current occupants: restaurant and office
Location: Kandasudacho, Chiyoda-ku, Tokyo (1-min walk from Iwamotocho station of Metro Shinjuku Line, 5-min walk from JR Kanda station & 5-min walk from JR Akihabara station)
Land: 55.57 sq. meters
Floor area: 237.31 sq. meters
Structure: RC / basement + 5 stories
Built in: 1978
Current operation: 4/5 (will be 2/5 in March)
Estimated annual return: 7,380,000 yen
Others: on the southwest corner of Iwamotocho Crossing, On Yasukuni Street, a landmark, in-between a police box and a post office,
Price: 120,000,000 yen
Although two more floors may be available in March, you should be able to find new occupants easily largely due to the property’s good location, in particular, proximity to Kanda and Akihabara.
Many industries will be interested in this location.
Best regards,
Minato Asset Management
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Tuesday, February 16th, 2010
Dear Investors,
I surveyed an investment property in Kanda this afternoon. Kanda stn is in-between Tokyo stn and Akihabara stn. Its details are as follow:
Current use: shop, office, + residence
Location: 3, Kandakajicho, Chiyoda-ku, Tokyo (3-min walk to JR Kanda station & 1-min walk to Metro Ginza stn)
Land: 37.38 sq. meters
Floor area: 170.28 sq. meters
Coverage: 80%
FAR: 600%
Structure: steel / 6 stories
Built in: 1989
Annual return (estimation): 4,930,000 yen
Price: 79,800,000 yen
Others: a 2-bedroom apartment (= 81.7 sq. meters) from 4F to 6F, the whole block (= about 2,100 sq. meters) on which the property stands may be a subject of land development
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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Wednesday, December 16th, 2009
I surveyed an office building in Kojimachi (Chiyoda-ku) today.
Its features are as follows:
Price: 120,000,000 yen
Location: Kioicho, Chiyoda-ku, Tokyo (3-min walk from Kojimachi station of Tokyo Metro Yurakucho Line )
Land: 231.40 sq. meters
Floor area: 1,400.22 sq.meters
Built in: 1990
Structure: RC / 10 stories
Coverage/FAR: 80% / 600%
Annual income: 82,792,224 yen
Yield: 5.85%
Kojimachi has been a business center in Japan for many years. Because it is in-between the Imperial Palace and the Japanese parliament, there are many international companies and foreign embassies in the area.
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Tuesday, December 15th, 2009
Dear International Investors,
I surveyed a 248,000,000-yen property in Akihabara last week.
Its features are as follows:
Price: 248,000,000 yen
Location: Kandaizumicho, Chiyoda-ku, Tokyo (5-min walk from Akihabara station of JR & Tokyo Metro Hibiya Line)
Land: 233.60 sq. meters
Structure: RC / 4 stories
Floor area: 676.26 sq. meters
Built in: 1977
Current Annual Return: 24,097,920 yen
Current Yield: 8.51%
The property is within a walking distance of Akihabara station. Akihabara is so popular among international tourists and is always crowded with shoppers.
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Wednesday, September 23rd, 2009
Dear International Investors,
Today, I went out to survey investment properties in Chiyoda-ku and Bunkyo-ku. Their specifications are as follows:
- a secondhand building for investment
Location: 1, Kanda-ogawacho, Chiyoda-ku (1-min walk from Awajicho station of Tokyo Metro Marunouchi Line)
Price: 79,800,000 yen
Land: 45.25 sq. meters
Floor area: 217.31 sq. meters
Structure: RC / 5 stories above ground + 1 story underground
Coverage: 80%
FAR: 800%
Built in: 1970
Annual Income: 3,132,000 yen
Yield: 6.28 %
Features: Proximity to a Tokyo’s major street, good foot traffic from colleges and universities in the neighborhood
- a secondhand building for investment
Location: 3, Otsuka, Bunkyo-ku (8-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)
Price: 59,800,000 yen
Land: 42.04 sq. meters
Floor area: 201.87 sq. meters
Structure: RC / 5 stories above ground + 1 story underground
Coverage: 80%
FAR: 500%
Built in: 1991
Features: On a Tokyo’s major street, a famous educational district
- a secondhand apartment building for investment
Location: 3, Kohinata, Bunkyo-ku (6-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)
Price: 45,800,000 yen
Land: 67.43 sq. meters
Floor area: 53.8 sq. meters
Structure: Wooden / 2 stories
Coverage: 60%
FAR: 200%
Built in: 1987
Features: A famous educational district, proximity to famous universities and colleges, a very quiet residential neighborhood
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