Friday, June 11th, 2010
A commercial building in police discretion essay is for sale. Kabukicho is Japan’s most famous red-light district which is always flooded with people, including international tourists.
Address: 1, Okubo, Shijuku-ku (8-min walk to Shinjuku station)
Land: 478.95 square meters
Floor area: 3,007.02 square meters
Structure: SRC / 9-story + 1-story underground
Year built: 1965
Others: fully renovated in 2003, power generator (so that electricity can be generated and used on the premises even if electricity’s supply stops by accident), parking for 6 cars
Annual return: 121,167,180 yen
Asking price: 1,820,000,000 yen
Current yield: 5.2%
Shinjuku station is probably the world’s most busy train station. Many train lines – JR, Keio, Odakyu, Seibu, Tokyo Metro, and Tokyo Subway, all meet at Shinjuku.
Although it is almost a surety that this building will be commercially and financially successful, we would like you to pay extra attention to the neighborhood. Please remember that gangster groups have been participating in business activities in the town for a long time, although their overall influence has recently been diminished.
Please be careful when you purchase real estate in Kabukicho or anywhere in Japan where gangsters or http://blog.realestate-minato.com/girl-jamaica-kincaid-essay/s may still be powerful.
Minato Asset Management