Wednesday, December 2nd, 2009
Dear international investors,
An interesting, promising investment property in-between Roppongi and Azabujuban has just come out on market. Its main features are as follows:
Price: 162,000,000 yen
Location: 1, Azabujuban, Minato-ku (5-min walk to Azabujuban station of Tokyo Subway Oedo Line)
Land: 66.87 sq. meters
Floor area: 254.63 sq. meters
Structure: Steel / 5 stories + 1 story underground
Coverage / FAR : 80% / 400%
Built in: 1988
Annual return (estimated @100% occupancy): 13,137,600 yen
Yield: 8.1%
A restaurant will be suitable for 1st floor because there is always so much foot traffic on the street. Roppongi and Azabujuban are very popular among people. Roppongi is famous for night life: Azabujuban for nice restaurants.
Please let us know, if you are interested in the property.
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Posted in Minato-ku, Uncategorized