I have just visited an interesting investment building.  It is in Kita-ku of  Tokyo.   Also, it is just 3-min walk from JR (=Japan Rail) Oji station.  On average, more than 60,000 people use Oji station a day. 

 

Oji has good access to other major areas of Tokyo.   Major JR stations in Tokyo are comfortably connected to Oji station – Tokyo  (19 mins), Ikebukuro (17 mins), and Shinagawa (30 mins) . 

 

I hope this information will provide you the opportunity to consider investment with Tokyo property.

 

 

 

The following data are of the investment building in Oji.

 

Name: Oji OJ Building

 

Location: 1, Oji, Kita-ku, Tokyo

 

Price: approx. 150,000,000 JPY — to be negotiated

 

Current annual revenue: approx. 20,000,000 JPY (for 12 units + current operation rate 100%)

 

Land restrictions: 80% (coverage), 600% (FAR)

 

Structure: RC / 9 stories

 

Completion: July, 1972

 

 

Floor area:  669.83 sq. meters

 

 

Transportation: 3 mins walk from Oji station