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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Posted in Shibuya-ku, Shinjuku-ku, Uncategorized