Wednesday, September 23rd, 2009
Dear International Investors,
Today, I went out to survey investment properties in Chiyoda-ku and Bunkyo-ku. Their specifications are as follows:
– a secondhand building for investment
Location: 1, Kanda-ogawacho, Chiyoda-ku (1-min walk from Awajicho station of Tokyo Metro Marunouchi Line)
Price: 79,800,000 yen
Land: 45.25 sq. meters
Floor area: 217.31 sq. meters
Structure: RC / 5 stories above ground + 1 story underground
Coverage: 80%
FAR: 800%
Built in: 1970
Annual Income: 3,132,000 yen
Yield: 6.28 %
Features: Proximity to a Tokyo’s major street, good foot traffic from colleges and universities in the neighborhood
– a secondhand building for investment
Location: 3, Otsuka, Bunkyo-ku (8-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)
Price: 59,800,000 yen
Land: 42.04 sq. meters
Floor area: 201.87 sq. meters
Structure: RC / 5 stories above ground + 1 story underground
Coverage: 80%
FAR: 500%
Built in: 1991
Features: On a Tokyo’s major street, a famous educational district
– a secondhand apartment building for investment
Location: 3, Kohinata, Bunkyo-ku (6-min walk from Miyogadani station of Tokyo Metro Marunouchi Line)
Price: 45,800,000 yen
Land: 67.43 sq. meters
Floor area: 53.8 sq. meters
Structure: Wooden / 2 stories
Coverage: 60%
FAR: 200%
Built in: 1987
Features: A famous educational district, proximity to famous universities and colleges, a very quiet residential neighborhood
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Posted in Bunkyo-ku, Chiyoda-ku, Tokyo real estate market, Tokyo real estate view, Uncategorized