Are you looking for real-estate for sale in Japan?

Type: office, residence

Address: 4, Sendagaya, Shibuya-ku, Tokyo (4-min walk from JR Sendagaya station of Sobu Line)

Land: 189.15 square meters

Floor area: 549.12 square meters

Floor layout: 1F/ 2 x studio, 2F/office, 3F/office, 4F/ 3-bedroom apartment, 5F/2-bedroom apartment, & 6F/ storage + roof terrace

Built in: 1973

Structure: RC / 6 stories

Annual return: 7,821,000 yen (as of 7/17/2010, only 2F and 3F are rented out)

Asking price: 298,000,000 yen

Others: next to the National Noh Theater, quiet neighborhood, facing south, roof terrace, parking for 2 cars, nice view from the roof terrace, and within a walking distance of 6 train stations (i.e. Sendagaya, Yoyogi, Shinjuku, Harajuku, Kokuritukyogijyo, and Kitasando)

an investment property across the national noh theater

building's main entrance, studios, and parking

neighborhood (the national noh theater's premises are seen on the left)

seen from afar

the national noh theater

 Because the property is distressed with a history of 37 years since its completion, the largest bottleneck for purchase of this property will be mortgage from a lender.  And an investor or a buyer will be required to provide much funds.

Location is nice and the value of the land will only increase mostly because of its proximity to major train stations and to pubic parks.

Cultural facilities, such as, the national noh theater, the Tokyo Gym, the National Stadium, and Seitoku Memorial Museum, are in the neighborhood.

Please let us know, if you are interested in the property.

Best regards,

Minato Asset Management