Are you looking for real-estate for sale in Japan?

Dear Investors:

 

Let us introduce you the following investment property in Shinjuku-ku.

 

 

Type: residence

Address: Shimoochiai, Shinjuku-ku, Tokyo (2-min walk from Shimoochiai station of Seibu Shinjuku Line)

Land: 262.64 square meters

Floor area: 740.92 square meters

Structure: RC / 6 stories

Year Built: 1973

Current operation ratio: 20/21

Current annual return: approximately 20,000,000 yen

Asking price: 198,000,000 yen

Yield: approximately 10%

Others: 21 units + parking (2 lots), 8-min walk from Takadanobaba station (JR & Tokyo Metro Takadanobaba station)

 

a 198,000,000-yen investment property in Shinjuku

 

Depending on your qualification, a bank may be able to lend you as much as 150,000,000 yen or so with a repayment period of 15 years or so.  The largest bottleneck in borrowing from a lender for this property would be the building’s age (built in 1973) and limited period of time for repayment. 

 

But this means that you should be able to purchase it easily, if only you can inject an adequate amount of down-payment.

 

 

Shimoochiai station is 2nd stop from Shinjuku station of Seibu Shinjuku Line.

 

 

Please let us know, if you are interested in this property.

 

 

Best regards,

 

Minato Asset Management

Dear Investors:

 

 

A commercial building in Kabukicho is for sale.  Kabukicho is Japan’s most famous red-light district which is always flooded with people, including international tourists.

 

 

Address: 1, Okubo, Shijuku-ku (8-min walk to Shinjuku station)

Land: 478.95 square meters

Floor area: 3,007.02 square meters

Structure: SRC / 9-story + 1-story underground

Year built: 1965

Others: fully renovated in 2003, power generator (so that electricity can be generated and used on the premises even if electricity’s supply stops by accident), parking for 6 cars

Annual return: 121,167,180 yen

Asking price: 1,820,000,000 yen

Current yield: 5.2%

 

 

Shinjuku station is probably the world’s most busy train station.  Many train lines – JR, Keio, Odakyu, Seibu, Tokyo Metro, and Tokyo Subway, all meet at Shinjuku.

 

 

Although it is almost a surety that this building will be commercially and financially successful, we would like you to pay extra attention to the neighborhood.  Please remember that gangster groups have been participating in business activities in the town for a long time, although their overall influence has recently been diminished. 

 

 

Please be careful when you purchase real estate in Kabukicho or anywhere in Japan where gangsters or yakuzas may still be powerful.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors:

 

 

In May, 2010, vacancy rate for office in the central part of Tokyo is about 9%.

 

 

Vacany rate has gone up several points for 2009.  But since the start of 2010, it has been slowing down and shifting between 8 and 9 %.

 

 

We hope you will find this data helpful for you to understand the market.

 

 

Best regards,

 

 

Minato Asset Management

Dear home buyers:

 

 

Let us introduce you a house in Shibuya.  Its details are:

 

 

Type: residence

Location: Sendagaya, Shibuya-ku, Tokyo (5-min walk from Sendagaya station of JR Sobu Line & 8-min walk from Kokuritukyogijho station of Subway Oedo Line)

Land: 98.71 square meters

Floor area: 136.04 square meters

Struture: RC

Year built: 1984

Coverage: 60%

FAR: 300%

Others: within a walking distance of Shinjuku, Harajuku, and Shibuya; Tokyo Metropolitan Gym; National Noh Theater; and Shinjuku Gyoen National Garden

Asking price: 99,800,000 yen

 Floor plan:  a-998000000-yen-house-in-shibuya

 

 

Please let us know, if you are interested.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

Koseinenkin Kaikan (= a convention hall built by Japan’s welfare pension program for corporate employees)  has been on an auction since December 1st, 2009; and Yodobashi Kamera (= a mega electrics retail shop with a nation-wide network of shops) has won the bid at 12,000,000,000 yen on February 12th, 2010.

 

 

Shinjuku Koseinenkin Kaikan has been in business since April 15th, 1961, and has been functioning as a hotel, a restaurant, and a multi-purpose convention hall which has staged music concerts of domestic and world-famous musicians. 

 

 

Yodobashi Kamera is planning to make the facility be a museum of cameras.

 

 

The purchase may create new foot traffic because Yodobashi Kamera is well known and the real estate is only 10-min walk away from Shinjuku station.  

 

 

Economic activities in eastern regions of Shinjuku may grow further and accelerate faster due not only to the on-going land development in Shinjuku 7 chome but also to the Yodobashi Kamera’s purchase of a prime property.

 

 

Best regards,

 

 

Minato Asset Management

 

 

The Japan’s organization for welfare pension is going to use the hall till March 31st, 2010.

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

 

 

I saw another investment property in Higashinakano on Saturday.  Its details are as follow:

 

 

Type: retail + residence

Location: Higashinakano, Nakano-ku, Tokyo (3-min walk from Higashinakano station of JR Sobu/Chuo Line)

Land: 151.41 sq. meters

Floor area: 571.38 sq. meters

Structure: RC / 5 stories

Year built: 1973

Coverage: 80%

FAR: 400%

Annual return: 17,945,148 yen (@operation rate of 100%)

Current operation rate: 75% or 9/12

Price: 218,000,000 yen

Other: Major renovations (e.g. painting of outer walls, waterproofing of roof, and painting of metal parts in common areas) has been carried out in 1997

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Dear Investors,

 

 

I recently found an interesting investment property in a central location of Tokyo.  Unfortunately, it has just been sold and is no longer available.  What a bummer!

 

 

 

Type: commercial building (shop, office, + residence)

Location: Shimoochiai, Shinjuku-ku, Tokyo (3-min walk to Mejiro station of JR Yamanote Line)

Land: 192.08 sq. meters

Floor area: 416 sq. meters

Coverage: 80%

FAR: 400%

Structure: steel / 4 stories

Built in: 1982

Annual return: 16,260,000 yen

Asking price: 185,000,000 yen

Others: on Mejiro Dori, and a ‘100-yen’ shop is on 1st floor

 

 

 

 

 

 

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

 

A high-yield and new investment property is for sale.  It is attractive in many respects.   We hope you will consider it for your investment.  Its specs are as follows:

 

 

Type: residential building + laundry

Location: Shinjuku, Shinjuku-ku (4-min walk to Shinjuku 3 chome station of Toei Shinjuku Line)

Land: 59.50 sq. meters

Floor area: 154.15 sq. meters

Structure: steel / 6 stories

Coverage: 80%

FAR: 600%

Built in: 2006

Current Numbers:

Operation rate: 100%

Annual Return: 10,128,000 yen

Monthly Return: 844,000 yen (1f-250,000, 2f-113,000, 3f-123,000, 4f/5f/6f  – owner’s own use)

Asking price: 112,500,000 yen

Others:

14-sq.meter land on 1st floor is not registered and a building certificate is unavailable.  But obtaining mortgage from lenders for this property should be easy not only because the property is new and in a good location but also because the land (where a laundry is) is covered with glasses which can be removed easily.

6-min walk to Shinjuku 3-chome station of Tokyo Metro Marunouchi Line & Tokyo Metro Fukutoshin Line & 11-min walk to Higashi Shinjuku station of Toei Oedo Line.

Roof balcony.

200 meters to Yasukuni Dori.