an interesting investment property with a successful restaurant in popular Kagurazaka

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,

 

 

a 85,000,000-yen investment property in Kagurazka

a 85,000,000-yen investment property in Kagurazka

 

 

a 85,000,000-yen investment property in Kagurazaka

a 85,000,000-yen investment property in Kagurazaka

 

 

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.

Bookmark this on Google Bookmarks
Post to Google Buzz
Buzz This
Share on FriendFeed
[`buzzurl` not found]
Bookmark this on Delicious
Bookmark this on Digg
Share on Facebook

Posted in admin
Posted in Shinjuku-ku, Uncategorized

Related article

Leave a Reply

Track Back

an interesting investment property with a successful restaurant in popular Kagurazaka”'s Track Back URI
Follow minato_asset_e