Archive for the ‘Kita-ku’ Category

news – the real estate market of the Tokyo metropolitan area is showing positive signs

Dear Investors,

 

 

According to a March 16 report by Real Estate Economic Institute Co., Ltd., 2,777 brand-new apartment units have been sold in February, which is a 10.7% increase from the previous year, in the Tokyo metropolitan area. 

 

They conclude that the real estate market of the Tokyo metropolitan area has started to show positive signs.

 

 

Best regards,

 

 

Minato Asset Management

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Toden Arakawa Line – a very unique & historic streetcar line in Tokyo downtowns

the only streetcar line survived in Tokyo

the only streetcar line survived in Tokyo

 

Dear International Investors,

 

I used Toden Arakawa Line, when I surveyed three apartment buildings in Taito-ku, Arakawa-ku, and Toshima-ku last week.  The line is the only streetcar system survived in Tokyo, connecting Waseda (Shinjuku-ku) and Minowabashi (Arakawa-ku).  The line has been in operation since 1913, and the neighborhoods and towns along the line still show what Tokyo used to look like in Showa Period (1926-1989).   Toden Arakawa Line runs through Shinjuku-ku, Toshima-ku, Kita-ku, and Arakawa-ku, most of these districts being downtown and residential.

 

 

inside of the only streetcar line survived in Tokyo

inside of the only streetcar line survived in Tokyo

a small station of Toden Arakawa Line

a small station of Toden Arakawa Line

 

Also, Toden Arakawa Line stops at some major stations at which passengers can switch from Toden Arakawa Line to another train line.  These stations include Machiya (to Tokyo Metro Chiyoda Line), Oji (to JR Keihintohoku Line), and Otsuka (to JR Yamanote Line).

 

Toden Arakawa Line is fun to ride  and watch.  If you can spare sometime for sightseeing in Tokyo, I strongly recommend that you get onto Toden Arakawa Line.

 

sings at a station - they are from 1960's

sings at a station - they are from 1960's

 

 

a public restroom is retro-styled at a station of Arakawa Line

a public restroom is retro-styled at a station of Arakawa Line

 

 

a stone monument by an Arakawa Line station - it reads that Showa Emperor has been here

a stone monument by an Arakawa Line station - it reads that Showa Emperor has been here

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an interesting investment opportunity in Oji

Dear overseas  investors,

 

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.

 

JR Keihintohoku Line, Tokyo Metro Namboku Line, and Toden Arakawa Line meet at Oji station

JR Keihintohoku Line, Tokyo Metro Namboku Line, and Toden Arakawa Line meet at Oji station

 

 

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

 

 

view of investment building in Oji

view of investment building in Oji

south view of investment building in Oji

south view of investment building in Oji

view of a major crossing nearby Oji station

view of a major crossing nearby Oji station

small retails and bars are abundant around Oji station

small retails and bars are abundant around Oji station

 

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