Tuesday, February 16th, 2010
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
seen from afar
neighborhood (JR Kanda station is seen at the end)
Please let us know, if you are interested in the property.
Best regards,
Minato Asset Management
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Posted in Chiyoda-ku, Tokyo real estate market, Tokyo real estate view