Archive for the ‘Tokyo real estate view’ Category

A brand-new investment property in Heiwajima (Ota-ku) is now for sale

Dear international investors,

 

I surveyed a brand-new apartment building in a quiet residential neighborhood of Omorinishi in Ota-ku yesterday afternoon.  Its specs are as follows:

 

Price:  188,000,000 yen (12 x 7-jo studio (@approx. 90,000 yen) + 3 x parking lot(@approx. 31,500 yen))

Annual revenue (estimation): 14,094,000 yen

Yield (estimation): 7.5%

Location: 2, Omorinishi, Ota-ku, Tokyo

Station: 5-min walk to Heiwajima station (Keihinkiyuko Line)

Land: 223.71 sq. meters

Floor area: 306.82 sq. meters

Structure: Steel / 3 stories

Coverage: 60%

FAR: 200%

 

a brand-new investment apartment building under construction

a brand-new investment apartment building under construction

 

 

a brand-new investment apartment building is under construction

a brand-new investment apartment building is under construction

 

 

Heiwajima  is a Keihinkiyuko Line station and is in-between Shinagawa and Haneda Air Port.   Because it is close to both Shinagawa and Haneda and rapid trains stop at the station, commercial districts around the station are bustling with small retails and shoppers although the areas are not so large. 

 

a commercial district at Heiwajima station

a commercial district at Heiwajima station

 

 

a commercial district at Heiwajima station 2

a commercial district at Heiwajima station 2

 

 

Neighborhoods are almost 100% residential with detached houses and newly-built  low-rise apartment buildings.   They are very quiet.  When I was there at around 4:30 pm, there were many bicycle riders. 

 

neighborhood of Heiwajima

neighborhood of Heiwajima

 

 

neighborhood of Heiwajima 2

neighborhood of Heiwajima 2

 

 

In my view, Heiwajima community looked very successful and attractive with much foot, bicycle, and auto traffic.  Also, I surveyed three local apartment buildings similar to the brand-new one in size, new-ness, and location in order to understand occupancy ratio of the neighborhood.  Unexpectedly,  the occupancy of the three apartments is high – 8/8, 13/15, and 46/60.  The last one (=46/60) may not look so good at first.  But the apartment building will be filled in due course because it is brand-new and people have just begun moving in.

 

 

a local apartment building

a local apartment building

 

 

a local apartment building 2

a local apartment building 2

 

 

Kan nana seen from a pedestrian bridge near Heiwajima station

Kan nana seen from a pedestrian bridge near Heiwajima station

a view of Kan nana in Omorinishi

a view of Kan nana in Omorinishi

Posted in admin
Posted in Ota-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized | No Comments »

Land Minamiaoyama – a beautiful & trendy apartment for rent

Dear International Investors,

 

Yesterday, I showed a trendy apartment in Minamiaoyama of Minato-ku to a French Embassy personnel who just arrived in Japan.   I am writing this not only because I want to introduce a beautiful rental apartment in a very popular district of  Tokyo, but also because I want you to know that I sometimes handle a rental apartment or a house to look for an occupant upon an owner’s request.  As a matter of fact, the owner of Land Minamiaoyama is our client and has purchased this property in this past May.

 

 

Land Minamiaoyama

Land MinamiaoyamaLand Minamiaoyama 2

Land Minamiaoyama’s main features are as follows.
Location: 2, Minamiaoyama, Minato-ku, Tokyo
Floor: 5 th floor
Type: 1 bedroom
Floor Area: 45.21 sq. meters
Monthly Rent: 219,000 yen
Maintenance Fee: 19,350 yen/month
Deposit: 1 month of rent
Key Money: 1 month of rent
Renewal:
Structure: RC / 7 stories above ground + 1 story underground
Built in: June, 2001
Others: Fixed-term (for 2 years) lease.  Renewal to be negotiated.  Hard wood floor.  Balcony (11.27 sq. meters).  Intercommunication system with a TV monitor.  a High-tech toilet seat.  Connectivity to Cable TV and Satellite broadcasting program.
Amenities: 3-min walk to Aoyama 1 chome station (Tokyo Metro Ginza Line, Hanzomon Line, and Oedo Line).  Nice view.  Quiet.  Bright.
Land Minamiaoyama is new and trendy.  Also, it is in a very quiet residential neighborhood of Minamiaoyama which is within a walking distance of many famous commercial districts of  Tokyo, such as, Gaienmae, Roppongi, Nishiazabu, and Akasaka. 
Aoyama 1 chome Crossing

Aoyama 1 chome Crossing

  

The room is well-maintained and beautiful and comes with shining hardwood floor, white wallpaper, and latest equipment.  Also, it has a nice view of Roppongi, Nishiazabu, and Aoyama from a living room and a bedroom.   I am sure that the room will bring you so much comfort with proximity to so many activities and entertainments.   Personally, I like Aoyama so much because I can walk to the Tokyo Metropolitan Gym (public) from Aoyama.   In addition, there are many world’s first-class companies in Aoyama.  The owner is willing to negotiate about rental terms.  So, if you have any questions, please contact me.

 

 

Land Mimamiaoyama seen from a bedroom

Land Mimamiaoyama seen from a bedroom

 

 

Land Minamiaoyama seen from living room

Land Minamiaoyama seen from living room

Land Minamiaoyama Living Room

Land Minamiaoyama Living Room

 

 

Land Minamiaoyama - view from living room

Land Minamiaoyama - view from living room

 

 

Land Minamiaoyama - gas cooking stove

Land Minamiaoyama - gas cooking stove

 

Land Minamiaoyama - kitchen

Land Minamiaoyama - kitchen

 

 

Land Minamiaoyama - Lavatory

Land Minamiaoyama - Lavatory

 

 

Land Minamiaoyama - Japanese style bath

Land Minamiaoyama - Japanese style bath

 

 

Land Minamiaoyama - neighborhood

Land Minamiaoyama - neighborhood

Posted in admin
Posted in Minato-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized | No Comments »

Tokyo Sky Tree

Dear international investors,

 

Tokyo Sky Tree is under construction.   It is scheduled to complete in 2011.   As of today, it is 126-meter tall.  

 

Tokyo Sky Tree under construction

Tokyo Sky Tree under construction

Tokyo Sky Tree under construction 2

Tokyo Sky Tree under construction 2

 

 

 

 

 

 

 

 

 

 

The about-610-meter-tall (!) TV tower is in Oshiage of Sumida-ku which is east of famous Asakusa.   Looking from Asakusa, Oshiage is over Sumida River.  Oshiage is within a walking distance of popular commercial districts, such as, Asakusa, Riyogoku, and Kinshicho.  Althoug it has good access to those popular sites, it is not so known among people.   On the contrary, it looks underdeveloped.   Very little development has occured on Oshiage for at least the last 30 years.

 

Tokyo Sky Tree under construction 3

Tokyo Sky Tree under construction 3

Tokyo Sky Tree under construction 4

Tokyo Sky Tree under construction 4

 

 

 

 

 

 

 

 

 

 

Oshiage consists mostly of low-rise apartment buildings and of old detached houses.   There is a local shopping street, but much of the town looks so inactive.   According to a local ramen maestro who has been keeping a small ramen shop for the last 33 years, Oshiage was far more populas than now with then-flourishing textile and printing businesses which have recently drained into Asian countries.    Also, I have learned from the ramen maestro that Japan’s first ready-mixed concrete plant was where Tokyo Sky Tree is about 100 years ago and that it provided ready-mixed concrete to Tokyo and helped Tokyo become westernized then.  

 

 

Oshiage station

Oshiage station

Oshiage station 2

Oshiage station 2

 

 

 

 

 

 

 

 

 

 

Oshiage station 3

Oshiage station 3Oshiage station 4

Oshiage station 5

Oshiage station 5

The store manager has been so helpful in teaching me history of Oshiage.   To my shame, I did know little about Oshiage.  Although his language is harsh, I have learned a lot about Oshiage from him.   By the way, language harshness is typical of people in downtown of Tokyo.
local ramen shop in Oshiage - thank you for teaching me history of Oshiage!

local ramen shop in Oshiage - thank you for teaching me history of Oshiage!

Many people are trying to estimate Tokyo Sky Tree’s impact not only on Oshishige but also on the entire region.   It may create huge foot traffic in the region, but it may not.  It may bring new industries into the region, but it may not.   It may trigger international investors’ move into Japanese real estate market, but it may not.   However, I can say for sure that it is and will be worthwhile to keep an eye on the massive development.
I will welcome any feedback from you on the development.

Posted in admin
Posted in Sumida-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized | No Comments »

attractive investment property in Sumida-ku & Tokyo Sky Tree

Dear International investors,

 

I went to survey an investment property in Oshiage of Sumida-ku. 

 

Its main features are as follows.

 

Type: Apartment Building (total number of units is 14)

Price: 160,000,000 yen

Location: Oshiage, Sumida-ku

Station: 3-min walk to Oshiage station (Tokyo Metro Hanzomon Line)

Land: 138.78 sq. meters

Floor area: 382.28 sq. meters

Structure: RC

Current operation rate: 94.9%

Current annual return: approx. 13,416,000 yen

Current yield: 8.39%

Built in: 1987

Coverage: 80%

FAR: 300%

 

 

investment property in Oshiage

investment property in Oshiage

 

 

 

 

 

 

 

 

 

 

investment property in Oshiage 2

investment property in Oshiage 2

 

 

 

 

 

 

 

 

 

 

This northeast-of-Tokyo neighborhood is well connected to other areas by Tokyo Metro Hanzomon Line (e.g. 21 mins to Hanzomon station) and is within a walking distance of Asakusa, Riyogoku, and Kinshicho.

 

 

The apartment building itself may be nothing more than an attractive investment opportunity with a good yield.  But the value of the whole neighborhood may change drastically in near future due to Tokyo Sky Tree (about 610 meters tall).

 

Tokyo Sky Tree is under construction on the other side of Oshiage station and is going to complete in 2011.  Currently, the neighborhood consists mostly of low-rise apartment buildings and some old detached houses.  But it is posting good potentiality because of its proximity to the tower and commercial zones, such as, Asakusa and Kinshicho.

 

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

 

 

Tokyo Sky Tree under construction

Tokyo Sky Tree under construction

 

 

 

 

 

 

 

 

 

 

Tokyo Sky Tree under construction 2

Tokyo Sky Tree under construction 2

Posted in admin
Posted in Sumida-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized | No Comments »

A good investment opportunity in a suburb of Tokyo

Dear international investors,

 

I went to survey an apartment building for investment in Sakado in Saitama Prefecture.

 

 

investment property in Sakado

investment property in Sakado

 

Its main features are as follows.

 

Price: 68,000,000 yen

Location: Sakado City, Saitama

Station: 10-min walk to Sakado station (Tobu Tojo Line)

Land: 209.86 sq.meters

Coverage: 60%

FAR: 200%

Total Floor Area: 418.53 sq. meters

Structure: RC / 4 stories

Apartment Type: 15 units (14  x  studio + 1 x family unit)

Estimated Yield: 12.0% (monthly revenue: approx. 680,000 yen, anual revenue: approx. 8,160,000 yen)

Built in March 25th, 1998

 

You may be wondering where Sakado is.    It is a suburb northwest of Tokyo and is about 45 mins from Ikebukuro by Tobu Tojo Line.   Like other satellite cities of Tokyo, Sakado is growing in number.

Posted in admin
Posted in Chiba Prefecture, Saitama-shi, Shibuya-ku, Tokyo real estate view, Uncategorized | No Comments »

an investment apartment building in Ichikawa

Dear international investors,

 

I saw an about-290,000,000-yen apartment building in Ichikawa on the other day.  Ichikawa is a Tokyo’s satellite city with a high population growth.  As of August 1st, 2009, Ichikawa’s population is 219,279.

 

You may think that Ichikawa is far from Tokyo.  But it is conveniently connected to central parts of Tokyo.  For example, from Tokyo station to Ichikawa is only 18 mins by JR;  from Nihombashi station to Minamigiyotoku station 19 mins by Metro Tozai Line.

 

Moreover, Minamigyotoku station is just one stop from Urayasu station which is a gateway to Tokyo Disney Land which has been commercially successful and been very popular not only among Japanese families but also among international tourists.

 

 

view of an apartment building in Ichikawa

view of an apartment building in Ichikawa

 

 

 

 

 

 

 

 

Specifications are as follows:

 

Price: approx. 290,000,000 yen

Location: Kakemama, Ichikawa

Transportation: 8-min walk to Minamigiyotoku station (Tokyo Metro Tozai Line)

Structure: RC / 4 stories

Land: 399.78 sq. meters

Total Floor Area: 784.26 sq. meters

Land restrictions: 60% (coverage) & 200% (FAR)

Built in: 1987

Monthly revenue: approx. 1,900,000 yen

Deposit: approx. 4,000,000 yen

Tax (2007):  1,007,600 yen (for land + building)

Appraisal (2007): 73,039,806 yen (for land) & 49,742,474 yen (for building)

 

view of apartment building in Ichikawa

view of apartment building in Ichikawa

 

view of apartment building for investment in Ichikawa

view of apartment building for investment in Ichikawa

 

 

 

view from an apartment building in Ichikawa

view from an apartment building in Ichikawa

view of inside of an apartment building in Ichikawa

view of inside of an apartment building in Ichikawa

Posted in admin
Posted in Chiba Prefecture, Ichikawa City, Tokyo real estate market, Tokyo real estate view | No Comments »

an interesting investment opportunity in Oji

Dear overseas  investors,

 

I have just visited an interesting investment building.  It is in Kita-ku of  Tokyo.   Also, it is just 3-min walk from JR (=Japan Rail) Oji station.  On average, more than 60,000 people use Oji station a day. 

 

Oji has good access to other major areas of Tokyo.   Major JR stations in Tokyo are comfortably connected to Oji station – Tokyo  (19 mins), Ikebukuro (17 mins), and Shinagawa (30 mins) . 

 

I hope this information will provide you the opportunity to consider investment with Tokyo property.

 

JR Keihintohoku Line, Tokyo Metro Namboku Line, and Toden Arakawa Line meet at Oji station

JR Keihintohoku Line, Tokyo Metro Namboku Line, and Toden Arakawa Line meet at Oji station

 

 

The following data are of the investment building in Oji.

 

Name: Oji OJ Building

 

Location: 1, Oji, Kita-ku, Tokyo

 

Price: approx. 150,000,000 JPY — to be negotiated

 

Current annual revenue: approx. 20,000,000 JPY (for 12 units + current operation rate 100%)

 

Land restrictions: 80% (coverage), 600% (FAR)

 

Structure: RC / 9 stories

 

Completion: July, 1972

 

 

Floor area:  669.83 sq. meters

 

 

Transportation: 3 mins walk from Oji station

 

 

view of investment building in Oji

view of investment building in Oji

south view of investment building in Oji

south view of investment building in Oji

view of a major crossing nearby Oji station

view of a major crossing nearby Oji station

small retails and bars are abundant around Oji station

small retails and bars are abundant around Oji station

 

Posted in admin
Posted in Kita-ku, Tokyo real estate market, Tokyo real estate view | No Comments »

an interesting real-estate in Shibuya is for sale

Dear international investors,
I saw an interesting real-estate in Shibuya-ku last week.
an interesting real-estate is now for sale

an interesting real-estate is now for sale

an interesting real-estate is for sale

an interesting real-estate is for sale

 

 

 

 

 

 

 

 

 

 

 

It is a 4-story small commercial building with about 37 sq. meters for each floor.    Its details are as follows:

 

Price: 128,000,000 yen

Location: Maruyama-cho, Shibuya-ku, Tokyo

Land: 37.4 sq. meters

Floor area: 142.2 sq. meters

Coverage: 80%

FAR: 400%

Completion: 1996

Current rental revenue: 7,110,000 yen

 

Transportation: 11-min walk to Shibuya station (JR Yamanote Line) & 5-min walk to Shinsen station (Tokyu Inogashira Line)

 

 

 

It is interesting because of its prime location:  it is in-between most crowded areas of Shibuya and Shoto (one of the most exclusive residential neighborhoods in Japan).  Also, the real estate is currently on an about 15-meter wide street, but the street is going to be widened for the next three years and traffic of people will increase greatly.

 

 

a bar is on 1st floor

a bar is on 1st floor

this street on which real-estate stands will be widened

this street on which real-estate stands will be widened

Posted in admin
Posted in Shibuya-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized | No Comments »

Belgravia Prova – a trendy Hiroo property is for sale

Living room at Belgravia Prova

Living room at Belgravia Prova

 

Dear international investors,

 

A quality, trendy, brand-new triplex  in a quiet residential neighborhood of  Hiroo is now for sale. 

 

 

Its details are as follows:

 

 

Name:  Belgravia Prova

 

Price: 400,000,000 yen (for 3 units)

 

Location: 3 chome, Hiroo, Shibuya-ku, Tokyo

 

Acreage: 185.14 sq. meters

 

Floor area: 426.70 sq. meters

 

Coverage: 60%

 

FAR: 150%

 

Layout & floor area: Unit SLOAN (3-bedroom, 124.87 sq. meters), Unit CHESTER (2-bedroom, 108.28 sq. meters), Unit EATON (3-bedroom+playroom+car parking + balcony, 193.55 sq. meters)

 

Completion: January 30th, 2009

 

Transportation: 8-min walk to Hiroo station (Tokyo Metro Hibiya Line) & 14-min walk to Ebisu station (JR Yamanote Line)

 

Other features: quiet residential neighborhood, scenic overlook, IH cooker, built-in dishwasher & electric oven, within walking distance of Arisugawa Park, Tokyo Midtown, Roppongi Hills, National Azabu, Meidiya, Hiroo Plaza, embassies, universities, and general hospitals

 

 

a picture of outlook of Belgravia Prova

a picture of outlook of Belgravia Prova

 

 

a living room at Belgravia Prova

a living room at Belgravia Prova

 

 

Belgravia Prova  is a hybrid real-estate in a very quiet residential neighborhood of Hiroo with walking distance to many cultural amanities, such as, Red Cross Hospital, Arisugawa Park, Roppongi Hills, National Azabu, Meidiya, and Roppongi Hills.

 

 

Hiroo is a very popular residential area not only among Japanese people but also amajor  mong international people.  In Hiroo, there are nice shopping areas, parks, medical and educational facilities. 

 

 

Tokyo Metro Hibiya Line provides easy access to both central and suburban parts of Tokyo from Hiroo station.

 

 

View from balcony

View from balcony

picture of attic

picture of attic

Posted in admin
Posted in Shibuya-ku, Tokyo real estate market, Tokyo real estate view | No Comments »

Shinjuku & a famous red-light district of Japan

a picture of skyscraper buildings at Shinjuku station

a picture of skyscraper buildings at Shinjuku station

 

Dear international investors,

 

Shinjuku is one of the most crowded places in the world.  

 

Over 700,ooo passengers use Shinjuku station (for 7 train lines by 5  railway companies) on average every day.  It is the largest train station in the world in terms of the number of users.   While serving as a center of retail business of Japan, it is always bustling with and energized by commuters from western suburbs of  Tokyo and tourists from overseas.  

 

Roughly speaking, it is in the center of a vast commercial area with the Tokyo Metropolitan Government and Japan’s conglomerates’ buildings on its west, departments and fashion boutiques on its east, and restaurants and entertainments on its north.

 

 

a picture of Yasukuni Street

a picture of Yasukuni Street

 

 

 Almost all kinds of cuisines and entertainments are available in the region.   Also, most of them are reasonably priced. 

 

 

In particular, Kabukicho is a famous and infamous red-light district.  You will probably be dazzled by never- cease-to-flash neon signs.  No other area or town in the world is so bright as Kabukicho at 3 a.m. in morning.  Kabukicho used to be known for unsafeness.  However, thanks to the country’s goverment’s recent efforts to crack down on gangster groups, it is said that the area is now far safer than before.  Still, it is advisable that you be careful when you visit Kabukicho because it is very differnt from the rest of Japan where you can get your wallet back even after leaving it somewhere.

 

 

a picture of Kabukicho in a daytime

a picture of Kabukicho in a daytime

Posted in admin
Posted in Shinjuku-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized | No Comments »

Follow minato_asset_e