A karaoke bar – interesting investment opportunities in Shibuya

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

 

common entrance

common entrance

 

 

seen from afar

seen from afar

 

 

seen from Koshu Kaido (= street)

seen from Koshu Kaido (= street)

 

 

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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