Are you looking for real-estate for sale in Japan?

Dear Investors,

 

 

We surveyed the following building in Kameido of Koto-ku.  Its details are:

 

 

Type: office

Location: Kameido, Koto-ku (1-min walk from Kameido station (JR Sobu Line))

Land: 223.75 sq. meters

Floor area: 1,341.73 sq. meters

Coverage: 80%

FAR: 600%

Structure: RC / 8 stories

Built in: 2009

Others: On a major street connecting Tokyo and Chiba, Tokyo Sky Tree (= a new Tokyo Tower) is being built on about 1.5-kilometer northwest of the building; and nearby a new shopping mall

 

 

 

 

 

 

 

 

 

 

You should be able to rent the building’s 2-8 floor @39,500 yen/sq.meter or so.   The space on 1st floor (134.39 sq. meters) is currently being rented at about 124,o00 yen/sq.meter.

 

 

A large amount of traffic will soon be created within the area surrounded by Asakusa, Kinshicho, and Kameido because Tokyo Sky Tree will be completed in two years.  Kameido is conveniently connected to central areas of Tokyo with JR Sobu Line.   For example, it takes only 8 minutes from Kameido to Akihabara.

 

 

Please let us know, if you are interested in this building.

 

 

Best regards,

 

 

Minato Asset Management

Dear International Investors,

 

I surveyed a beautiful office building in Kameido.  Its features are as follows:

 

 

Type: office building for sale

Location: Kameido, Koto-ku, Tokyo (3-min walk to Kameido station of JR Sobu Line)

Land: 266.50 sq. meters

Floor area: 1,701.58 sq. meters

Structure: RC / 9 stories

Built in: 1981

Coverage/FAR: 80% / 700%

Current operation rate: 87.72%

Current annual return: approximately 51,079,000 yen

Other: Fully renovated in 2009

 

 

 

 

 

 

 

 

Kameido station is of JR Sobu Line which connects central areas of Tokyo and Chiba Prefecture.  From Kameido station to Shinjuku station is about 25 minutes.  Kameido is low-laying land east of Sumida River and is an old residential area of Tokyo.

 

 

 

 

Dear International Investors,

 

I surveyed a new apartment building in Ojima in Koto-ku on the other day. 

 

 Its specifications are as follows:

 

Price: 130,000,000 yen

Location: 8, Ojima, Koto-ku, Tokyo (8-min walk to Higashiojima station of Metro Shinjuku Line)

Land: 193.27 sq. meters

Floor Area: 228.64 sq meters

Built in: 2008

Coverage: 60%

FAR: 240%

Structure: Wooden (coated with galvanized steel sheet)

 Annual Income: 9,084,000 yen

Yield: approx. 6.98%

 

 

 

 

 

The building is attractive for investment because it is new.  Currently, it is fully occupied.  But one should bear in mind that its value may not be so high as it looks because it is basically wood.   Also, the neighborhood is residential and quiet with almost all of the apartment buildings there being lower than 5 stories.   There is a vibrant shopping street along Shinohashi street which is about 5-min walk from the building.

 

 

 

 

 Koto-ku where Ojima is is an old part of Tokyo.  You should visit Koto-ku, if you are interested in old Tokyo.  Koto-ku is well connected to other areas of Tokyo by JR Sobu Line, Tokyo Metro Hanzomon Line, Tokyo Metro Tozai Line, and Tokyo Metro Shinjuku Line.  Kinshicho is particularly popular and populus with international tourists.