Tuesday, January 19th, 2010
Dear Investors,
An investment property in Bunkyo-ku is for sale. Its details are as follows:
Type: investment property
Location: Koishikawa, Bunkyo-ku, Tokyo (8-min walk to Kasuga station of Toei Mita Line, 9-min walk to Kasuga station of Toei Oedo Line & Tokyo Metro Namboku Line, and 11-min walk to Korekuen station of Tokyo Metro Marunouchi Line)
Land: 150.54 sq. meters
Floor area: 368.15 sq. meters
Structure: Steel / 5 stories
Coverage: 60%
FAR: 400%
Current Numbers:
Operation rate: 100% or 10/10
Annual return: 13,203,090 yen (including 111,090 yen from a mobile phone company which uses the property’s roof for antennas)
Others: within a walking distance of Tokyo Dome & Koishikawa Botanical Garden, nice view from roof balcony
Bunkyo-ku means an educational district. In fact, there are many good educational facilities (e.g. elementary school, junior & highschool, college, and university) in Bunkyo-ku. Tokyo Dome (= an indoor baseball park) is within a walking distance.
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Posted in Bunkyo-ku, Tokyo real estate market, Tokyo real estate view