Friday, July 16th, 2010
Dear Investors:
Let us introduce you an investment property in Kichijoji which is and has been the most popular residential area among Tokyo people.
Type: residential
Address: 4, Kichijojihoncho, Musashino City, Tokyo (10-min walk from Kichijoji station of JR and Keio Lines)
Land: 391.07 square meters
Floor area: 598.33 square meters
Structure: RC / 4 stories
Year built: 1985
Current operation ratio: 89.5% or 34/38
Annal return: approximately 29,783,000 yen
Annal expense: approximately 5,134,000 yen
Asking price: 420,000,000 yen
Kichijoji is and has recently been the most popular residential district among Tokyo families. There are nice and trendy commercial zones on both north and south sides of Kichijoji station. Beyond nice commercial districts, there are nice residential zones and public parks including a zoo.
Kichijoji is conveniently connected to Shinjuku with JR Lines and to Shibuya with Keio Inokashira Line. It takes 15 minutes by rapid train from Kichijoji to Shinjuku or Shibuya.
Please let us know, if you are interested in this property.
Best regards,
Minato Asset Management
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Posted in Musashino-shi, Shibuya-ku, Tokyo real estate market, Tokyo real estate view