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

 

 

I saw another investment property in Higashinakano on Saturday.  Its details are as follow:

 

 

Type: retail + residence

Location: Higashinakano, Nakano-ku, Tokyo (3-min walk from Higashinakano station of JR Sobu/Chuo Line)

Land: 151.41 sq. meters

Floor area: 571.38 sq. meters

Structure: RC / 5 stories

Year built: 1973

Coverage: 80%

FAR: 400%

Annual return: 17,945,148 yen (@operation rate of 100%)

Current operation rate: 75% or 9/12

Price: 218,000,000 yen

Other: Major renovations (e.g. painting of outer walls, waterproofing of roof, and painting of metal parts in common areas) has been carried out in 1997

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dear Investors,

 

 

I recently found an interesting investment property in a central location of Tokyo.  Unfortunately, it has just been sold and is no longer available.  What a bummer!

 

 

 

Type: commercial building (shop, office, + residence)

Location: Shimoochiai, Shinjuku-ku, Tokyo (3-min walk to Mejiro station of JR Yamanote Line)

Land: 192.08 sq. meters

Floor area: 416 sq. meters

Coverage: 80%

FAR: 400%

Structure: steel / 4 stories

Built in: 1982

Annual return: 16,260,000 yen

Asking price: 185,000,000 yen

Others: on Mejiro Dori, and a ‘100-yen’ shop is on 1st floor

 

 

 

 

 

 

Dear Investors,

 

A high-yield investment property in Shibuya-ku is for sale.  It is posting a high yield of more than 11% as is largely because it is in an active commercial district west of Shinjuku.

 

 

Type: transfer of ownership

Current use:  a karaoke bar

Location: Hatagaya, Shibuya-ku (2-min walk from Hatagaya station of Keio New Line)

Structure: RC / basement of a 5-story commercial building

Floor area: 38 sq. meters

Current rent: 120,000 yen/month or 1,440,000 yen/year

Management fee: 10,000 yen/month

 Asking price: 12,800,000 yen

 

 

 

 

 

 

 

There is a nice shopping area north of Hatagaya station which is making the community self-sufficient.  The area is always bustling with nice shops, restaurants, and shoppers. 

 

 

The property is east of the shopping area and 50 meters from Koshu Kaido (=street) which has always been a major street connecting Shinjuku and other central areas of Tokyo with western regions of Shinjuku and western provinces of Tokyo.

 

 

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

 

 

Best regards,

 

 

Minato Asset Management

 

A high-yield and new investment property is for sale.  It is attractive in many respects.   We hope you will consider it for your investment.  Its specs are as follows:

 

 

Type: residential building + laundry

Location: Shinjuku, Shinjuku-ku (4-min walk to Shinjuku 3 chome station of Toei Shinjuku Line)

Land: 59.50 sq. meters

Floor area: 154.15 sq. meters

Structure: steel / 6 stories

Coverage: 80%

FAR: 600%

Built in: 2006

Current Numbers:

Operation rate: 100%

Annual Return: 10,128,000 yen

Monthly Return: 844,000 yen (1f-250,000, 2f-113,000, 3f-123,000, 4f/5f/6f  - owner’s own use)

Asking price: 112,500,000 yen

Others:

14-sq.meter land on 1st floor is not registered and a building certificate is unavailable.  But obtaining mortgage from lenders for this property should be easy not only because the property is new and in a good location but also because the land (where a laundry is) is covered with glasses which can be removed easily.

6-min walk to Shinjuku 3-chome station of Tokyo Metro Marunouchi Line & Tokyo Metro Fukutoshin Line & 11-min walk to Higashi Shinjuku station of Toei Oedo Line.

Roof balcony.

200 meters to Yasukuni Dori.

 

 

 

 

 

 

 

 

Dear International Investors,

 

I surveyed an investment property in Kagurazaka yesterday.  It is just a minute walk from Kagurazaka station and is on a major street.

 

 

 

Price: 85,000,000 yen

Type: 2-bedroom apartment + shop

Location: Yaraicho, Shinjuku-ku (1-min walk to Kagurazaka station of Tokyo Metro Tozai Line & 8-min walk to Edogawabashi station of Tokyo Metro Yurakucho Line)

Land: 65.46 sq. meters

Building: 106.02 sq. meters

Structure: steel

Built in: 1983

Coverage/FAR: 80% / 500%

Annual return: 4,981,440 yen or 5.86%

Others: proximity to Kagurazaka station, a successful French restaurant on 1st floor, an about -20-sq.meter floor area on 1st floor has been created and added by the restaurant and could be removed,

 

 

 

 

 

 

Kagurazaka has been a very popular restaurant district for hunderds of years.    It is still bustling with Japanese and international restaurants.  Also, it has been famous for printing business much of it, unfortunately, has gone to overseas for cheap costs and labors.

 

 

The street to which the property is facing is going to be widened by 8.8 meters to broaden the street to be 20-meter wide.  The work was ordered many years ago, but has never been implemented.  As of now, it is still unknown when the work will be actualized.  If the work is implemented, the property and the widened street will crossover with each other by 40 sq. meters.  This public planning may be a bottleneck of the property.

Dear International Investors,

 

 

I surveyed three investment properties in Bunkyo-ku and Shinjuku-ku this afternoon.  They are combinations of residence and retail (or office).

 

 

 

 

Price: 110,000,000 yen

Location: Koishikawa, Bunkyo-ku (6-min walk to Myogadani station of Tokyo Metro Marunouchi Line)

Land: 74.77 sq. meters

Floor area: 286.10 sq. meters

Structure: RC / 5 stories above ground + 1 story underground

Built in: 1997

Coverage/FAR: 60% / 400%

 

 

 

 

Price: 64,900,000 yen

Location: Nijiyukkicho, Shinjuku-ku (4-min walk to Ushigomekagurazaka station of Oedo Line)

Land: 43.68 sq. meters

Floor area: 113.5 sq. meters

Structure: Steel / 3 stories above ground + 1 story underground

Built in: 1999

Coverage/FAR: 60% / 160%

 

 

 

 

Price: 137,000,000 yen

Location: Wasedatsurumakicho, Shinjuku-ku (6-min walk to Waseda station of Tokyo Metro Tozai Line)

Land: 91.9 sq. meters

Floor area: 353.96 sq. meters

Structure: RC / 5 stories above ground +  1 story underground

Built in: 2001

Coverage/FAR: 80% / 400 %

Current Annual Return: 11,359,080 yen

Current Yield: 8.29%

Dear international buyers,

 

 

I viewed an interesting apartment for sale in Ichigaya (Shinjuku-ku) last week.   Its main features are as follows.

 

Location: Bentencho, Shinjuku-ku, Tokyo (6-min walk to Ushigomeyanagimachi station of Tokyo Subway Oedo Line & 8-min walk to Waseda station of Tokyo Metro Tozai Line)

Price: 34,000,000 yen

Type: 1-bedroom apartment

Size: 40.38 sq. meters

Structure: RC / 12 stories

Built in: 2006

Maintenance Fee: 10,200 yen/month

Repair (reserve): 3,100 yen/month

 

 

 

 

 

Dear International Investors,

 

I used Toden Arakawa Line, when I surveyed three apartment buildings in Taito-ku, Arakawa-ku, and Toshima-ku last week.  The line is the only streetcar system survived in Tokyo, connecting Waseda (Shinjuku-ku) and Minowabashi (Arakawa-ku).  The line has been in operation since 1913, and the neighborhoods and towns along the line still show what Tokyo used to look like in Showa Period (1926-1989).   Toden Arakawa Line runs through Shinjuku-ku, Toshima-ku, Kita-ku, and Arakawa-ku, most of these districts being downtown and residential.

 

 

 

Also, Toden Arakawa Line stops at some major stations at which passengers can switch from Toden Arakawa Line to another train line.  These stations include Machiya (to Tokyo Metro Chiyoda Line), Oji (to JR Keihintohoku Line), and Otsuka (to JR Yamanote Line).

 

Toden Arakawa Line is fun to ride  and watch.  If you can spare sometime for sightseeing in Tokyo, I strongly recommend that you get onto Toden Arakawa Line.

 

 

 

 

 

Dear International Investors,

 

I surveyed an investment property in Shinjuku with my client this afternoon.  Its specifications are as follows:

 

Price: 68,000,000 yen

Location: Yaraicho, Shinjuku-ku, Tokyo (5-min walk to Kagurazaka station (Tokyo Metro Tozai Line) or  4-min walk to Ushigomekagurazaka station (Tokyo Metro Oedo Line))

Land: 42.84 sq. meters

Floor area: 131.57 sq. meters

Structure: RC / 5 stories

Coverage: 80%

FAR: 400%

Built in: 1972

 

 

 

 

 

Kagurazaka is a very historical place of Tokyo.  The town would probably remind you of what you have seen in paintings and movies about Tokyo in medieval times.  It has always been busy with retail and restaurant industries.  And, its major shopping street is always bustling with people from all generations and nationalities.    Many people want to have their own shop on the main street of Kagurazaka.  However, because there is always huge demand for real estate along the street, the value of real estate in Kagurazaka is high.

 

 

 

The investment property is on a street off of the major street of Kagurazaka.  Relatively, it is in a quiet place.  Yet, there is and will always be foot traffic.  Kagurazaka is within a walking distance of major JR stations, such as, Iidabashi, Ichigaya, and Yotsuya.

Dear International Investors,

 

A bargain, new property in Shinjuku is now being sold for about 5,000,000,000 yen.  

 

Its specs are as follows:

Current Business: Hotel and Retails

Location: Kabukicho, Shinjuku-ku, Tokyo

Transportation: 1-min walk to Higashishinjuku station (Metro Oedo Line, 1 stop from Shinjuku)

Land: 836.52 sq. meters

Floor area: 5,317.70 sq. meters

Built in: July, 2008

Structure: RC / 13 stories

Zoning: Commercial

Coverage: 80%

FAR: 700%

Annual revenue (for 2008): approx. 445,788,000 yen

 

 

 

 

 

It is promising in terms of investment.   Pros include:

-  already commercially successful with international tourists (i.e. income for 2008 is about 445,788,000 yen/year or 1,221,337 yen/day)

- conveniently located (i.e. 10-second walk to Higashishinjuku station of Metro Oedo Line (1 stop from Shinjuku))

- located in a corner of Meiji Dori and Shokuan Dori which are two major streets of the area

-  Shinjuku is and will be popular among international tourists with so many interesting spots

- an about-25,000,000-sq. meter land across the Meiji Dori is under development and will be a commercial magnet from 2011

 

 

 

 

 

 

 

 

 

An about-25,000-sq.meter land is under development and will complete in 2011.   The new commercial hub of Shinjuku will create new foot traffic and attract tourists from all over the world, and will be an additional value to the property.

 

 

 

 

 

 

 

It may be a first-comes-first-served investment opportunity.  Unfortunately, the seller wants to close the deal by the end of September.  The price is negotiable.  Please feel free to contact me, if you are interested in the property or have any questions.

 

I am looking forward to the opportunity to serve to you.