Wednesday, January 13th, 2010
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
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Friday, January 8th, 2010
Dear Investors,
We surveyed the following investment property in Ebisu yesterday. It will create interesting investment opportunities largely because it is a relatively new and RC building in a promising location of Tokyo.
Type: office building for investment
Location: Ebisu, Shibuya-ku, Tokyo (7-min walk to Ebisu station of JR Yamanote Line & 9-min walk to Ebisu station of Tokyo Metro Hibiya Line)
Land: 400.85 sq. meters
Floor area: 1,683.64 sq. meters
Coverage: 80%, 60%
FAR: 400%, 300%
Built in: 1993
Structure: SRC / 9 stories + 1 story underground
Other features: a popular comercial, trendy, and international district; and parking for 6 cars
Current Numbers:
Operation rate: 92.1%
Annual return: approximately 136,374,000 yen
Annual expenses: approximately 16,851,000 yen
Asking price: 1,120,000,000 yen
We have a listing of investment properties like this one. Please feel free to contact us, if you are interested in this property or other properties.
We are looking forward to the opportunity to do business with you.
Best regards,
Minato Asset Management
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Tuesday, January 5th, 2010
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
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Friday, December 25th, 2009
Dear International Investors,
I surveyed a 79,000,000-yen investment property in Kaitaicho (Shinjuku-ku) which is about 5 minutes walk from Edogawabashi station of Tokyo Metro Yurakucho Line.
Price: 79,000,000 yen
Location: Kaitaicho, Shinjuku-ku (3-min walk from Edogawabashi station of Tokyo Metro Yurakucho Line & 6-min walk from Kagurazaka station of Tokyo Metro Tozai Line)
Type: office building
Land: 117.42 sq. meters
Floor area: 306.15 sq. meters
Structure: steel / 5-story building
Project Yield: 11.13%
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Friday, December 25th, 2009
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.
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Saturday, December 19th, 2009
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%
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Thursday, December 17th, 2009
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.
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Wednesday, December 16th, 2009
I surveyed an office building in Kojimachi (Chiyoda-ku) today.
Its features are as follows:
Price: 120,000,000 yen
Location: Kioicho, Chiyoda-ku, Tokyo (3-min walk from Kojimachi station of Tokyo Metro Yurakucho Line )
Land: 231.40 sq. meters
Floor area: 1,400.22 sq.meters
Built in: 1990
Structure: RC / 10 stories
Coverage/FAR: 80% / 600%
Annual income: 82,792,224 yen
Yield: 5.85%
Kojimachi has been a business center in Japan for many years. Because it is in-between the Imperial Palace and the Japanese parliament, there are many international companies and foreign embassies in the area.
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Tuesday, December 15th, 2009
Dear International Investors,
I surveyed a 248,000,000-yen property in Akihabara last week.
Its features are as follows:
Price: 248,000,000 yen
Location: Kandaizumicho, Chiyoda-ku, Tokyo (5-min walk from Akihabara station of JR & Tokyo Metro Hibiya Line)
Land: 233.60 sq. meters
Structure: RC / 4 stories
Floor area: 676.26 sq. meters
Built in: 1977
Current Annual Return: 24,097,920 yen
Current Yield: 8.51%
The property is within a walking distance of Akihabara station. Akihabara is so popular among international tourists and is always crowded with shoppers.
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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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