{"id":1371,"date":"2010-01-09T12:11:28","date_gmt":"2010-01-09T03:11:28","guid":{"rendered":"https:\/\/blog.realestate-minato.com\/?p=1371"},"modified":"2010-01-09T13:25:51","modified_gmt":"2010-01-09T04:25:51","slug":"bargain-property-in-azabujuban","status":"publish","type":"post","link":"https:\/\/blog.realestate-minato.com\/?p=1371","title":{"rendered":"Bargain property in Azabujuban"},"content":{"rendered":"<p>Dear Investors,<\/p>\n<p>\u00a0<\/p>\n<p>An interesting investment property is for sale.\u00a0 Its details are as follows:<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Type: commercial building (restaurant, bar,\u00a0&amp; office)<\/p>\n<p>Location: <a title=\"azabujuban\" href=\"https:\/\/www.tokyoessentials.com\/azabu-juban.html\" target=\"_blank\">Azabujuban<\/a>, <a title=\"minato ku\" href=\"https:\/\/www.city.minato.tokyo.jp\/e\/index.html\" target=\"_blank\">Minato-ku<\/a> (2-min walk to Azabujuban station of <a title=\"tokyo metro namboku line\" href=\"https:\/\/en.wikipedia.org\/wiki\/Tokyo_Metro_Namboku_Line\" target=\"_blank\">Tokyo Metro Namboku Line<\/a> &amp; Toei <a title=\"toei oedo line\" href=\"https:\/\/en.wikipedia.org\/wiki\/Toei_%C5%8Cedo_Line\" target=\"_blank\">Oedo Line<\/a>)<\/p>\n<p>Land: 104.92 sq. meters<\/p>\n<p>Floor area: 429.63 sq. meters<\/p>\n<p>Coverage: 80%<\/p>\n<p>FAR: 500%<\/p>\n<p>Built in: 1990<\/p>\n<p>Structure: Steel \/ 8 stories<\/p>\n<p>Current Numbers:<\/p>\n<p>Operation rate: 100%<\/p>\n<p>Annual return: approximately 22,080,000 yen<\/p>\n<p>Annual expenses: approximately 1,497,000 yen<\/p>\n<p>Asking price: 350,000,000 yen<\/p>\n<p>Other: an inspection for asbestos has been conducted (negative)<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_1373\" aria-describedby=\"caption-attachment-1373\" style=\"width: 225px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-003.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1373\" title=\"bargain property in Azabujuban\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-003-225x300.jpg\" alt=\"front\" width=\"225\" height=\"300\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-003-225x300.jpg 225w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-003-768x1024.jpg 768w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-003.jpg 960w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><figcaption id=\"caption-attachment-1373\" class=\"wp-caption-text\">front<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_1374\" aria-describedby=\"caption-attachment-1374\" style=\"width: 225px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-008.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1374\" title=\"bargain property in Azabujuban\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-008-225x300.jpg\" alt=\"front 2\" width=\"225\" height=\"300\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-008-225x300.jpg 225w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-008-768x1024.jpg 768w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-008.jpg 960w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><figcaption id=\"caption-attachment-1374\" class=\"wp-caption-text\">front 2<\/figcaption><\/figure>\n<div class=\"mceTemp mceIEcenter\">\n<figure id=\"attachment_1376\" aria-describedby=\"caption-attachment-1376\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-009.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1376\" title=\"bargain property in Azabujuban\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-009-300x225.jpg\" alt=\"seen from afar\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-009-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-009-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-009.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-1376\" class=\"wp-caption-text\">seen from afar<\/figcaption><\/figure>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_1378\" aria-describedby=\"caption-attachment-1378\" style=\"width: 300px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-014.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1378\" title=\"bargain property in Azabujuban\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-014-300x225.jpg\" alt=\"foyer\" width=\"300\" height=\"225\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-014-300x225.jpg 300w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-014-1024x768.jpg 1024w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-014.jpg 1280w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><figcaption id=\"caption-attachment-1378\" class=\"wp-caption-text\">foyer<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_1379\" aria-describedby=\"caption-attachment-1379\" style=\"width: 225px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-016.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1379\" title=\"bargain property in Azabujuban\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-016-225x300.jpg\" alt=\"neighborhood\" width=\"225\" height=\"300\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-016-225x300.jpg 225w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-016-768x1024.jpg 768w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-016.jpg 960w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><figcaption id=\"caption-attachment-1379\" class=\"wp-caption-text\">neighborhood<\/figcaption><\/figure>\n<div class=\"mceTemp mceIEcenter\">\n<figure id=\"attachment_1382\" aria-describedby=\"caption-attachment-1382\" style=\"width: 225px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-017.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-1382\" title=\"bargain property in Azabujuban\" src=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-017-225x300.jpg\" alt=\"a patio of Azabujuban\" width=\"225\" height=\"300\" srcset=\"https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-017-225x300.jpg 225w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-017-768x1024.jpg 768w, https:\/\/blog.realestate-minato.com\/wp-content\/uploads\/2010\/01\/20100107_e68a95e8b387e789a9e4bbb6_e9babbe5b883e58d81e795aae681b5e6af94e5afbf-017.jpg 960w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><figcaption id=\"caption-attachment-1382\" class=\"wp-caption-text\">a patio of Azabujuban<\/figcaption><\/figure>\n<\/div>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>The property is posting a yield of 6.31% which is not so high.\u00a0\u00a0 But a high occupancy rate and a high asset value\u00a0will be surety because it is in central areas of Azabujuban which is a popular commercial district of Tokyo with many first-class restaurants.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Please let us know, if you are interested in this property.<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Best regards,<\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p>Minato Asset Management<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dear Investors, \u00a0 An interesting investment property is for sale.\u00a0 Its details are as follows: \u00a0 \u00a0 Type: commercial building (restaurant, bar,\u00a0&amp; office) Location: Azabujuban, Minato-ku (2-min walk to Azabujuban station of Tokyo Metro Namboku Line &amp; Toei Oedo Line) Land: 104.92 sq. meters Floor area: 429.63 sq. meters Coverage: 80% FAR: 500% Built in: [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31,3,4],"tags":[13,38,318,374,325,14,119,324,53,373,159,372],"class_list":["post-1371","post","type-post","status-publish","format-standard","hentry","category-minato-ku","category-tokyo-real-estate-market","category-tokyo-real-estate-view","tag-azabujuban","tag-bargain","tag-chinese","tag-good-restaurant","tag-indian","tag-investment-in-tokyo","tag-investor","tag-korean","tag-oedo-line","tag-patio","tag-real-estate-investment","tag-tokyo-metro-namboku-line"],"_links":{"self":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/1371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1371"}],"version-history":[{"count":14,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/1371\/revisions"}],"predecessor-version":[{"id":1387,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=\/wp\/v2\/posts\/1371\/revisions\/1387"}],"wp:attachment":[{"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.realestate-minato.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}