Land size: 99.23 sqm
Jingumae, Shibuya-ku, Tokyo
Price per square meter: ¥2,923,000
This is a block of residential land in the Jingumae 4 Chome address. It is just 120 meters behind Omotesando Hills and 190 meters from Omotesando Avenue. The land fronts onto a 3.79 ~ 3.88 meter wide public road on the north-western side.
The sale includes both the freehold and the existing structure (a house) to be provided in its current as-is condition for the buyer to demolish. There are no building plans attached to this land and buyers are free to choose their own builder / architect.
The land is zoned as a Category I Mid/High-Rise Oriented Residential Zone. This zone is designated for medium to high residential buildings. In addition to hospital and university buildings, certain types of shop buildings up to a limited floor size may be permitted.
Land at a nearby Government Assessed Land Value survey site (Jingumae 4-18-7) had increased by 6.94% in 2018, after a 4.85% increase in 2017. This was the 5th year in a row to record a year-on-year increase in value. Land values are now up 26.7% from 2013.
At the Jingumae 3-5-44 survey site, land values increased for the 5th year in a row with an increase of 7.50% in 2018, following a 6.38% increase 2017. Land values are now up 29.5% from 2013 and up 146% from 2002.
4-14-14 Jingumae, Shibuya-ku, Tokyo
Omotesando Station – 5 min walk
(Ginza, Chiyoda, Hanzomon Lines)
- Omotesando Hills: 120 meters
- Omotesando Avenue: 190 meters
- Harajuku Cat Street: 300 meters
- Tokyu Plaza: 500 meters
- Yoyogi Park: 1,000 meters
- Olympic Stadium: 1,200 meters
- Olympic Supermarket: 650 meters
- Kinokuniya Supermarket: 700 meters
- Blue Bottle Coffee: 650 meters
|Land size (registered):||99.23 sqm (approx. 30.01 Tsubo)|
|Setback:||Required (approx. 1.1 sqm)|
|Condition:||Includes existing structure (house)|
|Road:||3.79 ~ 3.88 meter wide public road on north-west side|
|Road frontage:||Approx. 9.7 meters|
|Zoning:||Category I Mid/High-Rise Oriented Residential Zone|
|Building footprint ratio:||60%|
|Building floor-area ratio:||160%|
|Delivery:||To be negotiated|
|Brokerage fee:||3% + 60,000 Yen + consumption tax, charged to buyer.|
|*Inspection by advance appointment only. Please understand that some viewing times may not be possible due to sellers’ schedules. Same-day appointments are not possible.|
|Last updated:||February 18, 2019.||Next update (scheduled):||March 4, 2019.|
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*Japan Property Central, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of this property or similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.