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

Dear Investors:

 

 

Let us introduce you investment opportunities with a property consisting of a nursery home and medical clinics in a central district of Tokyo.

 

 

Type: nursery home + medical clinics

Address: 2, Shinkawa, Chuo-ku, Tokyo ( 7-min walk from Hacchobori station of Tokyo Metro Hibiya Line)

Land: 602.87 square meters

Floor area: 2,046.43 square meters

Structure: Reinforced Concrete / 6 stories

Completion: 1984

Coverage: 80%

FAR: 500%

Current lease terms:  lessee – a Japanese company providing medical survices for the aged / monthly rent – 5,500,000 yen / annual rent – 66,000,000 yen / a 20-year lease from 11/15/2009 to 11/14/2029

Current use: 1 F (402.99 square meters) – a medical clinic / 2F (384.81 sq. meters) – a medical clinic / 3F (409.36 sq. meters) – a nursery home with 11 beds / 4F (359.67 sq. meters) – a nursery home with 8 beds / 5F (254.68 sq. meters) – a nursery home with 8 beds / 6F (234.92 sq. meters) –

Asking price: 800,000,000 yen (to be negotiated)

Yield: 8.25%

 

 

Investing in medical facilities in Japan will be stable and keep producing high returns because rapid aging is real and faster in Japan than any other country in the world and demand for medical services for the aged will probably stay high. 

 

 

Also, operating costs will be wavered to some extent because the tenant is responsible for payment of fees related to maintenance and utilities.  Moreover, the property has been fully renovated in December of 2009 at 300,000,000 yen which is tenant’s expense.

 

 

The property is east of Tokyo station by about 1.5 kilometers and within a walking distance of the station.  

 

 

Please ask us, if you have any questions or need further information.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

 

 

 

 

 

Real Estate Economic Institute, a think-tank for real estate industry in Japan, summarizes a recent market trend for sales of apartments in Tokyo Metropolitan area as follows: 

 

 

 

For 2010, supply of apartments for sale has been 3,779 for May, which is a 7.1% increase from the previous year.  But average price and unit price of sold apartment units will remain the same level as previous year or may increase a bit relative to previous year because contract ratio is improving.  Contract ratito for May is 77.0%, which is a 6.4-point up from the previous year.  Average price of sold apartments is 46,630,000 yen, which is a 2.5-percent increase from the previous year. 

 

 

 

We hope you will find this information helpful.

 

 

 

Best regards,

 

 

 

Minato Asset Management

Dear Investors:

 

In Japan, the ruling coalition party and the largest opposition party have announced two days ago that they are going to discuss a future increase of consumption tax and ask Japanese voters for understanding of and support for the new policy.   This means that increase of consumption tax will be one of the main agendas for the next national election for sure and that it will probably take place soon regardless of which of the two parties comes into power.

 

Japan’s current consumption tax is 5% , which is relatively low compared with other countries’ consumption taxes.  It looks that lawmakers are going to double it.

 

 

It will greatly affect the real estate market of Japan.

 

 

Best regards,

 

 

Minato Asset Management

 

 

 

 

When a

Dear Investors:

 

 

As of April 1, 2010, the population of Minato-ku was 94,357 males and 108,148 females, for a total of 202,505 residents.  The total number of households was 115,501, and the registered foreign resident population was 21,508.

 

 

We hope you will find this information helpful.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

A property nearby a major JR station is for sale.  It is fully occupied with restaurants and bars.

 

 

 

Address: 3, Shouan, Suginami-ku, Tokyo (1-min walk from Nishiogikubo station of JR Chuo Line)

Land: 120.06 square meters

Floor area: 452.69 square meters

Structure: Reinforced Concrete / 6 stories above ground + 1 story underground

Zoning: Commercial

Built in: 1988

History of major renovation: Painting of outer walls in 2010

Current operation rate: 100%

Annual return (based on current monthly return): 17,535,000 yen

Asking price: 193,000,000 yen

Yield: 9%

 

a high-yield generating property in Ogikubo

 

 

 You should be able to obtain a good occupancy rate constantly with this property because of its proximity to a major train station and neighboring residential areas.

 

 

Okigubo is a core town of Suginami ward which is about 4 kilometers west of  Shinjuku and is well known for quality residential neighborhoods.  Ogikubo station is a JR Chuo Line station and is about 20-min-long train from Shinjuku station.

 

 

Please let us know, if you are interested in this property or need any further information about it.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

A commercial building in Kabukicho is for sale.  Kabukicho is Japan’s most famous red-light district which is always flooded with people, including international tourists.

 

 

Address: 1, Okubo, Shijuku-ku (8-min walk to Shinjuku station)

Land: 478.95 square meters

Floor area: 3,007.02 square meters

Structure: SRC / 9-story + 1-story underground

Year built: 1965

Others: fully renovated in 2003, power generator (so that electricity can be generated and used on the premises even if electricity’s supply stops by accident), parking for 6 cars

Annual return: 121,167,180 yen

Asking price: 1,820,000,000 yen

Current yield: 5.2%

 

 

Shinjuku station is probably the world’s most busy train station.  Many train lines – JR, Keio, Odakyu, Seibu, Tokyo Metro, and Tokyo Subway, all meet at Shinjuku.

 

 

Although it is almost a surety that this building will be commercially and financially successful, we would like you to pay extra attention to the neighborhood.  Please remember that gangster groups have been participating in business activities in the town for a long time, although their overall influence has recently been diminished. 

 

 

Please be careful when you purchase real estate in Kabukicho or anywhere in Japan where gangsters or yakuzas may still be powerful.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

In May, 2010, vacancy rate for office in the central part of Tokyo is about 9%.

 

 

Vacany rate has gone up several points for 2009.  But since the start of 2010, it has been slowing down and shifting between 8 and 9 %.

 

 

We hope you will find this data helpful for you to understand the market.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

An office building by Sumida River is now for sale.  Please refer to our blog on March 25th titled ‘a bargain property in Tokyo – an office building  by Sumida River for sale’.   Actually, the office building which we would like to introduce to you this time is just one block east of this building and is on Eitai Street.  Its details are:

 

 

Address: 1, Saga, Koto-ku, Tokyo

Zoning: commercial

Coverage: 100%

FAR: 600%

Land: 606.91 square meters

Floor area: 3,982.43 square meters

Use: office, parking

Structure: RC / 8 stories + 1-story penthouse

Year built:  1988

Current operation rate: 7/8

Current monthly return: 7,051,290 yen

Current monthly return (parking): 334,000 yen

Current monthly utility fees: 2,705,780 yen

Asking price: 1,800,000,000 yen

 

office building by Sumida River

 

Current tenants include a world’s famous manufacuring company and another famous manufacturing company’s subsidiary.  We think that it is a very positive aspect of the property for investment. 

 

 

Please let us know, if you are interested in the property or need any further information about it.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

Let us introduce you a high-performance apartment building in Yokohama.  The city is the second largest city in Japan in terms of population.  The apartment building’s details are:

 

 

Address: 1, Matsukage-cho, Naka-ku, Yokohama City (2-min walk from Ishikawacho station & 8-min walk from Kannai station of JR Negishi Line)

Land: 851.26 square meters

Floor area: 3,473.46 square meters

Structure: RC / 11 stories

Coverage: 80%

FAR: 425%

Year built: 2007

Others: 127 x studio, 39 x parking lot

Current operation rate (residence): 116/127

Annual return: 144,792,000 (including 10,632,000 yen for utilities and 13,176,000 yen for parking)

Yield: 8.67%

Asking Price: 1,670,000,000 yen

 

 

a high-performance apartment building in Yokohama

 

 

 Yokohama is one of the most popular cities among Japanese people.  Because it is built on hills encircling a bay, a nice view of Yokohama Bay is available at many districts of the city.  Yamashita Park, a green belt along the bay, is particulary famous and popular.

 

However, there is a drawback about the property.  That is, the quoter in which the property is has been relatively distressed and actully been lower than much of Yokohama City in value.  Occupancy is good, but we would like you to pay extra attention to this fact.

 

 

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

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

Let us introduce you a high-performing investment property in a popular suburb of Tokyo.  Its details are:

 

 

Asking price: 1,200,000,000 yen (to be negotiated)

Address: 4-14-11, Nakamachi, Setagaya-ku (12-min walk from Kaminoge station of Tokyu/Ooimachi Line)

Land: 1,094.21 square meters

Floor area: 1,980.16 square meters

Structure: Reinforced Concrete, 3 stories with flat roof

Year Built: 2001

Current occupants: shop x 1, studio x 48, 3-bedroom apartment x 1

Current operation rate: 100% or 50/50

Monthly return: 5,021,000 yen

Yield: 5%

 

Pros: high operation rate / nice, quiet, popular residential area / a large piece of land with more than 1,000 square meters

Con: no train station nearby (12-min walk to nearest station)

 

 

 

an investment property with a high occupancy in Setagaya-ku

 

  

 

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

 

 

 

Best regards,

 

 

 

Minato Asset Management