Wednesday, February 17th, 2010
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.
Minato Asset Management