Tuesday, February 16th, 2010
Dear Investors,
I surveyed an investment property in Kanda this afternoon. Kanda stn is in-between Tokyo stn and Akihabara stn. Its details are as follow:
Current use: shop, office, + residence
Location: 3, Kandakajicho, Chiyoda-ku, Tokyo (3-min walk to JR Kanda station & 1-min walk to Metro Ginza stn)
Land: 37.38 sq. meters
Floor area: 170.28 sq. meters
Coverage: 80%
FAR: 600%
Structure: steel / 6 stories
Built in: 1989
Annual return (estimation): 4,930,000 yen
Price: 79,800,000 yen
Others: a 2-bedroom apartment (= 81.7 sq. meters) from 4F to 6F, the whole block (= about 2,100 sq. meters) on which the property stands may be a subject of land development
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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Posted in Chiyoda-ku, Tokyo real estate market, Tokyo real estate view