Friday, February 12th, 2010
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.
Minato Asset Management