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

Dear Investors,

 

 

The following investment property has just come out on market.  Its details are:

 

 

Type: residence + office

Location: Roppongi, Minato-ku (Accessible with Tokyo Metro Chiyoda Line & Hibiya Line)

Land: 499.55 sq. meters

Floor area: 2,097.84 sq. meters

Structure: RC / 1 story underground + 16 stories above ground

Built in: 2006

Operation rate (as of 1/16/2010): approximately 85%

Return (as of 1/16/2010): approximately 110,000,000 yen/year

Others: 31 x residence + 6 x office; within a walking distance of main locations of Minato-ku

 

 

We are going to survey the investment property soon and provide more information about it.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

Please look our February 4th and 12th blogs - ‘Breaking news! An attractive building in-between Roppongi and Hiroo is now for sale’. 

 

 

 

 

This property has just been sold and is no longer available for purchase.  Moreover, it has taken only two weeks for the property to sell.  The cliche ‘First comes, first served’ applies perfectly. 

 

 

Real estate in Minato-ku is hot, although Japanese economy has been sluggish.  Many investors keep an eye on what is going on with real estate in Minato-ku and jump onto good investment opportunities as soon as they appear on the market.

 

 

Because we don’t want you to miss out with good opportunities, we strongly recommend that you be prepared and know when to jump onto such opportunities.  For you to be able to move swiftly when the time comes, we also recommend that you prepare all necessary documents for lenders you are going to use and that you set your own criteria for purchase in advance.

 

 

You probably find what has just been stated basic.  But basics are often forgotten.

 

 

We are looking forward to the opportunity to serve to you.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

We surveyed an interesting property on a prime location of Tokyo last week.   Please check our last blog for details.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As mentioned in the previous blog, this location is and has always been one of the most sought-after areas in Tokyo.   International or Japanese families long to live this particular area of Tokyo largely because it has proximity to foreign embassies, first-class educational institutions, international grocery stores, a park, a public library, and  bustling commercial districts of Roppongi and Azabujuban. 

 

 

In other words, for many house seekers in Tokyo, it is a our-dream-come-true opportunity.  

 

 

Although the property’s yield is not so high, you can expect a stable cash-flow from rental units because there has always been and will always be high demand for residence or business.    And it is worthwhile to consider the property for a hub for your business because the area is well connected with the rest of Tokyo with Tokyo Metro Hibiya Line and Metro Oedo Line.

 

 

We hope you will consider this property for investment and/or residence.  Please let us know, if you are interested in it.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

A building consisting of shop (1F), office (2F&3F), and residence (4F, 5F, & 6F) in-between Roppongi and Hiroo has just come out on market for sale.  Its details are as follows:

 

 

Type: shop, office, + residence

Location: 3, Nishiazabu, Minato-ku, Tokyo (7-min walk from Hiroo station of Metro Hibiya Line & 10-min walk from Roppongi station of Metro Hibiya Line)

Land: 118.60 sq. meters

Floor area: 454.09 sq. meters

Structure: RC / 6 stories

Coverage: 60% / 80%

FAR: 300% / 400%

Current tenants: 1F (Japanese noodle shop) - 380,000 yen/month, 2F & 3F (office) - @260,000 yen/month

Price: 250,000,000 yen

Others: within walking distance of Roppongi, Hiroo, and Azabujuban; the most sought-after location, in the vicinity of Arisugawa Park, Aiiku Hospital (= a maternal & child care center), embassies, National Azabu (international grocery store), and Meidiya (international grocery store)

 

floor plan - a 250,000,000-yen building in-between Hiroo and Roppongi

 

We will update you about this property because some features of it are still unknown.

 

 

This property may be sold quickly and disappear from the market soon because it is in the middle of the most sought-after location of Japan. 

 

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

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

An interesting investment property is for sale.  Its details are as follows:

 

 

Type: commercial building (restaurant, bar, & office)

Location: Azabujuban, Minato-ku (2-min walk to Azabujuban station of Tokyo Metro Namboku Line & Toei Oedo Line)

Land: 104.92 sq. meters

Floor area: 429.63 sq. meters

Coverage: 80%

FAR: 500%

Built in: 1990

Structure: Steel / 8 stories

Current Numbers:

Operation rate: 100%

Annual return: approximately 22,080,000 yen

Annual expenses: approximately 1,497,000 yen

Asking price: 350,000,000 yen

Other: an inspection for asbestos has been conducted (negative)

 

 

 

 

 

 

 

 

 

 

The property is posting a yield of 6.31% which is not so high.   But a high occupancy rate and a high asset value will be surety because it is in central areas of Azabujuban which is a popular commercial district of Tokyo with many first-class restaurants.

 

 

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

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

Happy new year!  It is the beginning of a new year.

 

Please let us take this opportunity to express our heartfelt gratitudes to your continued business with Minato Asset Management.   We sincerely wish for more businesss opportunities with you in 2010.

 

May the year 2010 bring you all peace, success, and happiness!

 

 

Best regards,

 

 

Minato Asset Management

Dear international investors,

 

 An interesting, promising investment property in-between Roppongi and Azabujuban has just come out on market.  Its main features are as follows:

 

Price: 162,000,000 yen

Location:  1, Azabujuban, Minato-ku (5-min walk to Azabujuban station of Tokyo Subway Oedo  Line)

Land: 66.87 sq. meters

Floor area: 254.63 sq. meters

Structure: Steel / 5 stories + 1 story underground

Coverage / FAR : 80% / 400%

Built in: 1988

Annual return (estimated @100% occupancy): 13,137,600 yen

Yield: 8.1%

 

 

A restaurant will be suitable for 1st floor because there is always so much foot traffic on the street.  Roppongi and Azabujuban are very popular among people.  Roppongi is famous for night life: Azabujuban for nice restaurants. 

 

 

Please let us know, if you are interested in the property.

Renovation is done and quite clean….

 

We have visited “Takanawa the Residence” this weekend, and these are pictures of inside of the apartment.

 
This unit is on the 29th floor and the view toward Roppongi area is pretty nice, and you can see Mt. Fuji under good weather
conditions.

 

 

Namboku line, Mita line is available. (6 min walk from Shirokane Takanawa station)
JR Shinagawa station is walkable distance from here. (around 15 min by walk, and one meter by taxi.)

 

 

Surrounding area is quiet and convinient and schools are around this builing such as Meiji Gakuin Univ and Tokai Univ.

 

 

Takanawa area used to be “Daimyou Yashiki” area and lots of rural Samurai had another house aside from their own “Shiro” in their own home country.

 

 

Shinagawa Station is not far from here and Shinagawa used to be an initial stay,”Shukuba machi”, for west area of Japan, such as Ise, Kyoto…(called “Tokaido 53 tsugi” famous trip route from east to west..)

 

 

Shirokane, Shirokane dai and Takanawa are quiet and popular Minato-ku area.

 
To see outside of the building, please check this website.

 

http://www.tokyo-mansions.com/english/em_sirokanetakanawa/e_takanawatheresidence.html

 

I saw a bargain apartment in a popular Minato-ku of Tokyo this morning.  Its main features are as follows:

 

 

Price: 35,800,000 yen

Location: 5, Mita, Minato-ku, Tokyo (8-min walk to Shirokanetakanawa station of Tokyo Metro Namboku Line)

# of bedrooms: 2

Structure: RC / 2nd floor of a 13-story condo

 Floor area: 53.65 sq. meters

Balcony: 12.96 sq. meters

Maintenance Fee: 9,570 yen/month

Repair Fund: 13,150 yen/month

 

 

 

The whole room has recently, completely been renovated.  The room looks as new as brand-new.  Considering that, 35,800,000 yen is very reasonable.  Also, it is in a convenient, popular district of Minato-ku.  If you are interested to live or acquire real esate in the center of Tokyo, it would be worthwhile to consider this apartment.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

Best regards,