Thursday, February 4th, 2010
A building consisting of shop (1F), office (2F&3F), and residence (4F, 5F, & 6F) in-between Roppongi and Hiroo has just come out on market for sale. Its details are as follows:
Type: shop, office, + residence
Location: 3, Nishiazabu, Minato-ku, Tokyo (7-min walk from Hiroo station of Metro Hibiya Line & 10-min walk from Roppongi station of Metro Hibiya Line)
Land: 118.60 sq. meters
Floor area: 454.09 sq. meters
Structure: RC / 6 stories
Coverage: 60% / 80%
FAR: 300% / 400%
Current tenants: 1F (Japanese noodle shop) – 380,000 yen/month, 2F & 3F (office) – @260,000 yen/month
Price: 250,000,000 yen
Others: within walking distance of Roppongi, Hiroo, and Azabujuban; the most sought-after location, in the vicinity of Arisugawa Park, Aiiku Hospital (= a maternal & child care center), embassies, National Azabu (international grocery store), and Meidiya (international grocery store)
Saturday, January 9th, 2010
An interesting investment property is for sale. Its details are as follows:
Type: commercial building (restaurant, bar, & office)
Land: 104.92 sq. meters
Floor area: 429.63 sq. meters
Built in: 1990
Structure: Steel / 8 stories
Operation rate: 100%
Annual return: approximately 22,080,000 yen
Annual expenses: approximately 1,497,000 yen
Asking price: 350,000,000 yen
Other: an inspection for asbestos has been conducted (negative)
The property is posting a yield of 6.31% which is not so high. But a high occupancy rate and a high asset value will be surety because it is in central areas of Azabujuban which is a popular commercial district of Tokyo with many first-class restaurants.
Please let us know, if you are interested in this property.
Minato Asset Management
Tuesday, January 5th, 2010
Happy new year! It is the beginning of a new year.
Please let us take this opportunity to express our heartfelt gratitudes to your continued business with Minato Asset Management. We sincerely wish for more businesss opportunities with you in 2010.
May the year 2010 bring you all peace, success, and happiness!
Minato Asset Management
Wednesday, December 2nd, 2009
Dear international investors,
An interesting, promising investment property in-between Roppongi and Azabujuban has just come out on market. Its main features are as follows:
Price: 162,000,000 yen
Location: 1, Azabujuban, Minato-ku (5-min walk to Azabujuban station of Tokyo Subway Oedo Line)
Land: 66.87 sq. meters
Floor area: 254.63 sq. meters
Structure: Steel / 5 stories + 1 story underground
Coverage / FAR : 80% / 400%
Built in: 1988
Annual return (estimated @100% occupancy): 13,137,600 yen
A restaurant will be suitable for 1st floor because there is always so much foot traffic on the street. Roppongi and Azabujuban are very popular among people. Roppongi is famous for night life: Azabujuban for nice restaurants.
Please let us know, if you are interested in the property.
Sunday, November 22nd, 2009
We have visited “Takanawa the Residence” this weekend, and these are pictures of inside of the apartment.
This unit is on the 29th floor and the view toward Roppongi area is pretty nice, and you can see Mt. Fuji under good weather
Namboku line, Mita line is available. (6 min walk from Shirokane Takanawa station)
JR Shinagawa station is walkable distance from here. (around 15 min by walk, and one meter by taxi.)
Surrounding area is quiet and convinient and schools are around this builing such as Meiji Gakuin Univ and Tokai Univ.
Takanawa area used to be “Daimyou Yashiki” area and lots of rural Samurai had another house aside from their own “Shiro” in their own home country.
Shinagawa Station is not far from here and Shinagawa used to be an initial stay,”Shukuba machi”, for west area of Japan, such as Ise, Kyoto…(called “Tokaido 53 tsugi” famous trip route from east to west..)
Shirokane, Shirokane dai and Takanawa are quiet and popular Minato-ku area.
To see outside of the building, please check this website.
Sunday, November 1st, 2009
I saw a bargain apartment in a popular Minato-ku of Tokyo this morning. Its main features are as follows:
Price: 35,800,000 yen
Location: 5, Mita, Minato-ku, Tokyo (8-min walk to Shirokanetakanawa station of Tokyo Metro Namboku Line)
# of bedrooms: 2
Structure: RC / 2nd floor of a 13-story condo
Floor area: 53.65 sq. meters
Balcony: 12.96 sq. meters
Maintenance Fee: 9,570 yen/month
Repair Fund: 13,150 yen/month
The whole room has recently, completely been renovated. The room looks as new as brand-new. Considering that, 35,800,000 yen is very reasonable. Also, it is in a convenient, popular district of Minato-ku. If you are interested to live or acquire real esate in the center of Tokyo, it would be worthwhile to consider this apartment.
Please let us know, if you are interested in this apartment.
Friday, October 16th, 2009
We read lots of news about current administration, especially we see two topics very positive for Tokyo real estate market.
1. Haneda Air port international hub plan
2. Linear Motor Car plan
1. Haneda Airport is currently focusing on domestic flight and not international flight, but current goverment just announced they will use it for international flight as well. This is pretty positive for Japanese economy to attract more foreign flights from overseas, especially from Asia economic powers.
This changes affects Tokyo real estate market espcially south area of Tokyo such as Oota-ku, Shinagawa-ku, Minato-ku and Kanagawa prefecture such as Kawasaki, and Yokohama.
If this ariport turns into international and 24 hours airport, needs for stay will increase definitely. Also, business activity will pick up as well.
1-① Tokyo monorail will get benefit from this change, and also area around their stations, such as Hamamatsuho station, Tennozu station, and so on will be more popular in the future.
1-② Keikyu will also get benefit from this change and several stations are particulary interesting such as Shinagawa station, Kawasaki satation, Keikyu kamata station, and Heiwajima station.
2. Linear Motor Car Plan
Shinagawa station, Nagoya station, and Osaka station are almost done deal. (But official information is not open yet.)
Thursday, October 8th, 2009
We have an apartment for sale in Shibaura Island. This property is very convinient for urban business people.
(12 min from Tamachi station by walk, and 11 min from Shibaura Futo station by walk, one meter to Shinagawa station by taxi)
There are lots of public amenities such as study room, party room, guest room, sound studio, kids room and so on.
If you have any questions, let us know.
information of Tokyo properties