Saturday, December 12th, 2009
I surveyed an interesting 5-story commercial building in the west of Ikebukuro which is a popular and growing commercial area of Tokyo.
Price: approximately 400,000,000 yen
Type: a building for investment
Location: 3, Nishiikebukuro, Toshima-ku, Tokyo (5-min walk to Ikebukuto station)
Land: 144.49 sq. meters
Floor area: 629.18 sq. meters
Structure: RC / 5 stories + 1 story underground
Built in: 1995
Coverage/FAR: 80% / 600%
Current annual income: 22,596,060 yen
You should rent space in this building to a game palor and/or a restaurant as they have already been successful in this area. In fact, there are so many international and Japanese restaurants in the neighborhood.
Just like Shibuya, Shinjuku, and Akihabara, Ikebukuro is becoming more popular among international people, in particular, Asians, than ever before. As a result, a number of Asian restaurants is rapidly growing in Ikebukuro. You will find international restaurants at any corner of Ikebukuro.
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Wednesday, October 21st, 2009
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.
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