Thursday, April 8th, 2010
Dear Investors:
We surveyed an investment property on Route 7, which is one of the major loops going around the heart of Tokyo. The property’s details are:
Type: retail + residence
Location: Ohara, Setagaya-ku (5-min walk to Shindaita station of Keio Inokashira Line)
Land: 201.85 sq. meters
Floor area: 495.24 sq. meters
Completion: August, 1991
Coverage: 60%
FAR: 300%
Annual return: 14,292,000 yen
Price: 188,000,000 yen
Others: elevator & major renovations have been carried out in January, 2010.
investment property on a major street of Tokyo
a close-up view
a view of the property's front
Please let us know, if you are interested in this property.
Best regards,
Minato Asset Management
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Posted in Setagaya-ku, Tokyo real estate market, Tokyo real estate view