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

Dear Investors,

 

 

I saw another interesting investment property in Kanda yesterday.   Actually, it is in-between Kanda and Akihabara. 

 

 

Current occupants: restaurant and office

Location: Kandasudacho, Chiyoda-ku, Tokyo  (1-min walk from Iwamotocho station of Metro Shinjuku Line, 5-min walk from JR Kanda station & 5-min walk from JR Akihabara station)

Land: 55.57 sq. meters

Floor area: 237.31 sq. meters

Structure: RC / basement + 5 stories

 

Built in: 1978

Current operation: 4/5 (will be 2/5 in March)

Estimated annual return: 7,380,000 yen

Others: on the southwest corner of Iwamotocho Crossing, On Yasukuni Street, a landmark, in-between a police box and a post office,

Price: 120,000,000 yen

 

 

 

 

 

 

 

 

 

 

 Although two more floors may be available in March, you should be able to find new occupants easily largely due to the property’s good location, in particular, proximity to Kanda and Akihabara.

 

Many industries will be interested in this location.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

I surveyed an investment property in Kanda this afternoon.  Kanda stn is in-between Tokyo stn and Akihabara stn.  Its details are as follow:

 

 

Current use: shop, office, + residence

Location: 3, Kandakajicho, Chiyoda-ku, Tokyo (3-min walk to JR Kanda station & 1-min walk to Metro Ginza stn)

Land: 37.38 sq. meters

Floor area: 170.28 sq. meters

Coverage:  80%

FAR: 600%

Structure: steel / 6 stories

Built in: 1989

Annual return (estimation): 4,930,000 yen

Price: 79,800,000 yen

Others: a 2-bedroom apartment (= 81.7 sq. meters) from 4F to 6F, the whole block (= about 2,100 sq. meters) on which the property stands may be a subject of land development

 

 

 

 

 

 

 

 

 

 

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

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

 

We found an interesting investment property in Koiwa of Katsushika-ku.  Its details are as follow:

 

 

Location: Higashishimkoiwa, Katsushika-ku, Tokyo (8-min walk from Shimkoiwa station of JR Sobu Line)

Current use: shop, work place, and residence

Land: 300.82 sq. meters

Floor area: 537.2 sq. meters

Coverage: 80%

FAR: 300%

Structure: RC / 3 stories

Year Built: 1988

Price: 162,000,000 yen

Other features: 1F – shop + work place / 2F – office + 2-bedroom apartment / 3F – 2-bedroom + 2-tatami + play room apartment + roof balconies

On a busy shopping street, parking for 2 cars, indoor elevator

 

 

In our view, this property is interesting because it comes with a large piece of land.   The building is well maintained and is in a good condition.

 

 

 

 

 

 

 

 

 

 

 

 

Dear Investors,

 

 

We surveyed an interesting property on a prime location of Tokyo last week.   Please check our last blog for details.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As mentioned in the previous blog, this location is and has always been one of the most sought-after areas in Tokyo.   International or Japanese families long to live this particular area of Tokyo largely because it has proximity to foreign embassies, first-class educational institutions, international grocery stores, a park, a public library, and  bustling commercial districts of Roppongi and Azabujuban. 

 

 

In other words, for many house seekers in Tokyo, it is a our-dream-come-true opportunity.  

 

 

Although the property’s yield is not so high, you can expect a stable cash-flow from rental units because there has always been and will always be high demand for residence or business.    And it is worthwhile to consider the property for a hub for your business because the area is well connected with the rest of Tokyo with Tokyo Metro Hibiya Line and Metro Oedo Line.

 

 

We hope you will consider this property for investment and/or residence.  Please let us know, if you are interested in it.

 

 

Best regards,

 

 

Minato Asset Management

Dear Investors,

 

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)

 

floor plan – a 250,000,000-yen building in-between Hiroo and Roppongi

 

We will update you about this property because some features of it are still unknown.

 

 

This property may be sold quickly and disappear from the market soon because it is in the middle of the most sought-after location of Japan. 

 

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

 

 

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 surveyed the following investment property this afternoon.  Its details are as follow:

 

 

Type: shop (currently a karaoke bar) + residence

Location: Higashinakano, Nakano-ku, Tokyo (2-min walk from Higashinakano station of JR Sobu Line & Metro Oedo Line)

Land: 86.47 sq. meters

Floor area: 185.30 sq. meters

Coverage: 60%

FAR: 200%

Year built: 1986

Structure: RC / 4 stories

Current operation rate: 100% or 7/7

Annual return: 6,360,000 yen

Price: 120,000,000 yen

Others: well maintained, within a walking distance of Shinjuku, a nice view from the roof balcony, 1 x retail + 5 x studio + 1 x 3-bedroom apartment

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The property is on east side of Higashinakano station.  Higashinakano is self-sufficient.   You can find almost all groceries and daily necessities in the town. 

 

 

Please feel free to contact us at any time, if you are interested in the property or need any further information about it.

 

 

Best regards,

 

Minato Asset Management

Dear Investors,

 

I went to view two apartment buildings in Saitama City this afternoon.  Their details are as follow:

 

(building 1)

Price: 42,000,000 yen

Location: Minuma-ku, Saitama City (7-min walk from Higashi Omiya station of JR Tohoku Line)

Land: 183.07 sq. meters

Floor area: 166.08 sq. meters

#units: 10

Year Built: 1987

Structure: wood / 2 stories

Coverage 60%

FAR: 200%

Annual return: 4,356,000 yen

Current operation rate: 100%

Yield: 10.37%

 

(building 2)

Price: 33,000,000 yen

Location: Minuma-ku, Saitama City (5-min walk from Higashi Omiya station of JR Tohoku Line)

Land: 140.00 sq. meters

Floor area: 131.04 sq. meters

#units: 8

Year Built: 1987

Structure: wood

Coverage: 60%

FAR 200%

Annual return: 3,456,000 yen

Current operation rate: 88%

Yield: 10.47%

 

 

 

Saitama is a satellite city of Tokyo Metropolis whose population is over 20 million.  It is conveniently located in north of Tokyo; and many families, company employees, students, and international people live in the city and surrounding areas. 

 

 

 

 

 

 

 

 

 

 

 

 

Dear Investors,

 

 

I have just come across with a very high-yield investment property in a suburb of Tokyo.  Its details are as follows.

 

 

Type: restaurant business

Location: Shimonagata, Nasushiobara City, Tochigi Prefecture (about 2.5 hours from Tokyo station by local train)

Land: 561.31 sq. meters

Floor Area: 541.00 sq. meters

Structure: steel / 2 stories

Year Built: 1990

Yield (at operation rate of 100%): 27.83%

Annual return (at operation rate of 100%): 15,252,000 yen

Asking price: 54,800,000 yen

Others: natural hot springs nearby and a 12-min-walk from a JR station

 

 

Yield is high.  But risk is also high.  In particular, it will probably be difficult to find tenants for income gain, buyers for capital gain, and vendors for daily operations.  Also, it will probably be difficult to find lenders.

 

I am just wrting to let you know  that there are many high-yield investment properties outside of Tokyo which may be worthwhile to consider for for your portfolio.   But, please let me emphasize once again that there is high risk behind them.

 

 

As a matter of fact, good real estate agents warn that focusing on only high yields is risky for search of investment properties.

 

 

Please let me know, if you are still interested in this kind of investment property.

 

 

Best regards,

 

 

Minato Asset Management

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