Jingumae Apartment Building

Apartment Building + Land
Jingumae, Shibuya-ku, Tokyo
258,000,000 Yen

Jingumae 5 Apartment Bldg 1

 ABOUT

This is a 4-unit, 2-storey apartment building in the trendy Jingumae 5 Chome neighbourhood between Shibuya and Omotesando Stations. The Jingumae 5 Chome address includes the United Nations University, Harajuku Cat Street, and the Chanel, Burberry, and Louis Vuitton boutiques.

The current gross rental income for this property is 788,000 Yen/month, resulting in a gross yield of approximately 3.66%.

This block of flats was built in 1986 and is a reinforced concrete structure.

Floor sizes:

  • 1F: 81.54 sqm
  • 2F: 81.54 sqm

 

The land is a corner block of freehold land with roads on three sides. Land in this neighbourhood may currently have a market price of around 1,800,000 ~ 2,000,000 Yen/sqm.

The land is zoned as a Category I Mid/High-rise oriented residential zone. Hotels/ryokans are not permitted in this area.

 LOCATION
Address: Transport:
  5-20 Jingumae, Shibuya-ku, Tokyo
  • Shibuya Station – 10 min walk
    (Yamanote Line)
  • Omotesando Station – 10 min walk
    (Ginza, Chiyoda, Hanzomon Lines)
Area Guide:
  • Harajuku Cat Street: 150 meters
  • British School: 300 meters
  • Omotesando Dori Avenue: 400 meters
  • Omotesando Hills: 500 meters
  • Aoyama Dori Street: 600 meters
  • UN University: 700 meters
  • Takeshita Street: 750 meters
  • Yoyogi Park: 1,000 meters
 Floorplan

Jingumae 5 Apartment Bldg Floorplan

 Details
Type: Apartment Building + Land
Land size (Registered): 161.38 sqm (Freehold)
Building size (Registered): 169.02 sqm (1,819 sq.ft)
Construction: 2-storey, Reinforced concrete
Built: September 1986
Road: 4.0m wide private road on north-west side;
4.0m wide private road on north-east side;
3.1m wide private road on south-east side.
Road frontage:
Zoning: Category I Mid/High-Rise Oriented Residential Zone.
Building footprint ratio:
(kenpeiritsu)
60%
Floor area ratio:
(yosekiritsu)
160%
Status: RENTED
Annual gross rent (current): 9,456,000 Yen
Annual estimated costs:
Gross yield (current): 3.66%
*Land setback of 6.18 sqm.
*Share of private road of 22.39 sqm.
*Gross rent and yield is based on current occupancy. Gross rent and yield cannot be guaranteed now or in the future.  
Last updated: October 10, 2017. Next update (scheduled): October 25, 2017.

For more details on this property, please fill in the inquiry form below:







*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.

Transaction type: Brokerage.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
All care has been taken in preparing this floor plan, however the accuracy is not guaranteed and no liability will be accepted for any reliance placed upon it. In the event of any conflict between the floor plan and actual conditions, the latter shall prevail. Dimensions are approximate.