Tuesday, July 21st, 2009
It is a 4-story small commercial building with about 37 sq. meters for each floor. Its details are as follows:
Price: 128,000,000 yen
Location: Maruyama-cho, Shibuya-ku, Tokyo
Land: 37.4 sq. meters
Floor area: 142.2 sq. meters
Coverage: 80%
FAR: 400%
Completion: 1996
Current rental revenue: 7,110,000 yen
Transportation: 11-min walk to Shibuya station (JR Yamanote Line) & 5-min walk to Shinsen station (Tokyu Inogashira Line)
It is interesting because of its prime location: it is in-between most crowded areas of Shibuya and Shoto (one of the most exclusive residential neighborhoods in Japan). Also, the real estate is currently on an about 15-meter wide street, but the street is going to be widened for the next three years and traffic of people will increase greatly.
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Posted in Shibuya-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized