Thursday, March 4th, 2010
Dear Investors,
Please let us introduce a house in Omotesando. It is very different from average houses in terms of design.
Interesting House in Omotesando
Its details are:
Location: Jingumae, Shibuya-ku (6-min walk from Meiji-jingumae station of Tokyo Metro Chiyoda Line & 9-min walk from Omotesando station of Tokyo Metro Ginza Line & Hanzomon Line)
Land: 98.35 sq. meters
Floor area: 153.56 sq. meters
Structure: RC, wood
Price: 148,000,000 yen
Omotesando is known as a very trendy district. It is probably the most trendy town in Japan. As a matter of fact, the whole town is always crowded with shoppers and fashion boutiques. People from all corners of Japan and the world come to Omotesando for shopping and sightseeing.
The house is NOT suitable for investment because it wil be difficult to find tenants due largely to its layout. In particular, there is no bathroom in the entire house, and the parking area won’t be accessbile unless the staircase to the entrance hall is removed.
FYI, the current owner used to rent the basement to a studio operator at 1,000,000 yen/month.
The house is far more suitable for residence of an individual who loves a different life style, artistic touches on a house, and/or Omotesando.
Please let us know, if you are interested in it.
Best regards,
Minato Asset Management
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Posted in Shibuya-ku, Tokyo real estate market, Tokyo real estate view