Thursday, August 6th, 2009
I have just visited an interesting investment building. It is in Kita-ku of Tokyo. Also, it is just 3-min walk from JR (=Japan Rail) Oji station. On average, more than 60,000 people use Oji station a day.
Oji has good access to other major areas of Tokyo. Major JR stations in Tokyo are comfortably connected to Oji station – Tokyo (19 mins), Ikebukuro (17 mins), and Shinagawa (30 mins) .
I hope this information will provide you the opportunity to consider investment with Tokyo property.
JR Keihintohoku Line, Tokyo Metro Namboku Line, and Toden Arakawa Line meet at Oji station
The following data are of the investment building in Oji.
Name: Oji OJ Building
Location: 1, Oji, Kita-ku, Tokyo
Price: approx. 150,000,000 JPY — to be negotiated
Current annual revenue: approx. 20,000,000 JPY (for 12 units + current operation rate 100%)
Land restrictions: 80% (coverage), 600% (FAR)
Structure: RC / 9 stories
Completion: July, 1972
Floor area: 669.83 sq. meters
Transportation: 3 mins walk from Oji station
view of investment building in Oji
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Posted in Kita-ku, Tokyo real estate market, Tokyo real estate view