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

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 Investors:

An office building by Sumida River is now for sale.  Please refer to our blog on March 25th titled ‘a bargain property in Tokyo – an office building  by Sumida River for sale’.   Actually, the office building which we would like to introduce to you this time is just one block east of this building and is on Eitai Street.  Its details are:

Address: 1, Saga, Koto-ku, Tokyo

Zoning: commercial

Coverage: 100%

FAR: 600%

Land: 606.91 square meters

Floor area: 3,982.43 square meters

Use: office, parking

Structure: RC / 8 stories + 1-story penthouse

Year built:  1988

Current operation rate: 7/8

Current monthly return: 7,051,290 yen

Current monthly return (parking): 334,000 yen

Current monthly utility fees: 2,705,780 yen

Asking price: 1,800,000,000 yen

office building by Sumida River

Current tenants include a world’s famous manufacuring company and another famous manufacturing company’s subsidiary.  We think that it is a very positive aspect of the property for investment. 

Please let us know, if you are interested in the property or need any further information about it.

Best regards,

Minato Asset Management

Dear Investors:

Let us introduce you a high-performance apartment building in Yokohama.  The city is the second largest city in Japan in terms of population.  The apartment building’s details are:

Address: 1, Matsukage-cho, Naka-ku, Yokohama City (2-min walk from Ishikawacho station & 8-min walk from Kannai station of JR Negishi Line)

Land: 851.26 square meters

Floor area: 3,473.46 square meters

Structure: RC / 11 stories

Coverage: 80%

FAR: 425%

Year built: 2007

Others: 127 x studio, 39 x parking lot

Current operation rate (residence): 116/127

Annual return: 144,792,000 (including 10,632,000 yen for utilities and 13,176,000 yen for parking)

Yield: 8.67%

Asking Price: 1,670,000,000 yen

a high-performance apartment building in Yokohama

 Yokohama is one of the most popular cities among Japanese people.  Because it is built on hills encircling a bay, a nice view of Yokohama Bay is available at many districts of the city.  Yamashita Park, a green belt along the bay, is particulary famous and popular.

However, there is a drawback about the property.  That is, the quoter in which the property is has been relatively distressed and actully been lower than much of Yokohama City in value.  Occupancy is good, but we would like you to pay extra attention to this fact.

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

Best regards,

Minato Asset Management

Dear Investors:

Let us introduce you a high-performing investment property in a popular suburb of Tokyo.  Its details are:

Asking price: 1,200,000,000 yen (to be negotiated)

Address: 4-14-11, Nakamachi, Setagaya-ku (12-min walk from Kaminoge station of Tokyu/Ooimachi Line)

Land: 1,094.21 square meters

Floor area: 1,980.16 square meters

Structure: Reinforced Concrete, 3 stories with flat roof

Year Built: 2001

Current occupants: shop x 1, studio x 48, 3-bedroom apartment x 1

Current operation rate: 100% or 50/50

Monthly return: 5,021,000 yen

Yield: 5%

Pros: high operation rate / nice, quiet, popular residential area / a large piece of land with more than 1,000 square meters

Con: no train station nearby (12-min walk to nearest station)

an investment property with a high occupancy in Setagaya-ku

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

Best regards,

Minato Asset Management

Dear investors and buyers:

There is a nice-looking, new office building in Ginza which has been a core of commercial activities in Japan for hundred of years.  Its details are:

Location: 3, Kyobashi, Chuo-ku, Tokyo(1-min walk from Takaracho station of Tokyo Subway Asakusa Line)

Land: 143.42 sq. meters

Floor area: 1,184.1 sq. meters

Structure: steel / 12 stories

Year built: 2007

Coverage: 80%

FAR: 800%

Others: good security & surveillance system and double window

Price: 1,700,000,000 yen

Yield (@100%): 4.7 %

Ginza is the most famous shopping district in Japan.  Also, it is internationally famous.  Many people come to Ginza for shopping.   In particular, major streets of Ginza are flooded with shoppers and tourists on weekend.

a beautiful & new office building in Ginza

a beautiful & new office building in Ginza 2

a highly secured entrance

Tokyo station and the Imperial Palace are within a walking distance from the building.   Whoever may have office on the building, they will find it easy to entertain their employees and guests because there are so many world’s first- class restaurants and entertainments in the town.

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

Best regards,

Minato Asset Management

Dear Investors:

We just found a high-yield investment property in Tokyo (Adachi-ku).   Its details are:

Type: Apartment building (8 x studio)

Location: Hanabatake, Adachi-ku (a 20-min walk from Rokumachi station of Tsukuba Express)

Land: 108.93 square meters

Floor area: 131.66 square meters

Structure: wood / 2 stories

Coverage: 60%

FAR: 200%

Year built: 1988

Current occupancy: 100% 0r 8/8

Annual return: 4,464,000 yen

Yield: 13.52%

high-yield investment property in Adachi-ku

You probably think that there aren’t many high-yield investment properties in Tokyo and that their yields are not so good, even if there are such properties in Tokyo.  But the realty is that there are always some high-yield investment properties in Tokyo, in particular, kus surrounding central part of Tokyo, such as, Adachi-ku, Katsushika-ku, Edogawa-ku, Arakawa-ku, Itabashi-ku, and Kita-ku.  In fact, it is not so difficult to find high-yield investment properties in Tokyo in those areas.

Please let us know, if you are interested in properties in those areas.

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:

We surveyed the following investment property the other day.   Its details are:

Location:  Ikuta, Tama-ku, Kawasaki city (6-min walk from Ikuta station of Odakyu Line)

Land: 165.84 square meters

Floor area: 143.10 square meters

Coverage: 50%

FAR: 100%

Structure:  RC / 2 stories

Year built: 1985

Current occupancy: 100% or 6/6

Annual return: 4,491,000 yen

Price: 52,800,000 yen

an investment property in Ikuta (Kawasaki city)

entrance hall

a view of second floor from downstairs

seen from afar

Kawasaki city lies in-between Tokyo and Yokohama.  Because of its geography being in-between two largest cities of Japan, the population of Kawasaki is growing at an unmatched speed relative to other regions of Japan. 

Please let us know, if you are intereted in the property.

Best regards,

Minato Asset Management

Dear Investors:

We surveyed the following investment property in Kitasenju last week.  Its details are:

Type: residence

Location: Senjukawaramachi, Adachi-ku (11-min walk to Kitasenju station of Tokyo Metro Hibiya Line)

Land: 37.81 sq. meters

Floor area: 53.69 sq. meters

Structure: wood / 2 stories

Year built: 2010

Current occupancy: 100% or 4/4

Annual return (estimation): 2,952,000 yen

Asking price: 37,800,000 yen

a brand-new investment property in Adachi-ku

front

an interior staircase (shared)

Please let us know, if you are interested in it.

Best regards,

Minato Asset Management

Dear Investors:

We surveyed an investment property in Kitasenju of Adachi-ku last week.  Its details are:

Type: office

Location: Senjuasahicho, Adachi-ku (1-min walk from Kitasenju station of Tokyo Metro Hibiya Line)

Land: 72.72 sq. meters

Floor area: 170.77 sq. meters

Structure: Steel / 3 stories

Year built: 1985

Annual return (@100%): 8,300,800 yen

Current occupancy: 100% or 5/5

All of the current tenants are business.  

Kitasenju is conveniently connected with central parts of Tokyo with Tokyo Metro Hibiya Line.  Because Kitasenju is in a convenient location while being in-between Akasaka and Kashiwa (Chiba), the town is growing remarkably.  There is a nice shopping zone by Kitasenju station where there are nice restaurants.

an investment property in Kitasenju

a close-up view

a view of the building's side