Office & Residential Building + Land
Minami Aoyama, Minato-ku, Tokyo
310,000,000 Yen
 ABOUT

This is an office/residential investment building and land in the Minami Aoyama neighbourhood.

The 3-storey reinforced concrete building has a total floor area of 252 sqm and was built in 1979. The building includes office space on the 1st and 2nd floors, a 1-Bedroom unit on the 2nd floor, and a 3-Bedroom unit on the 3rd floor. There is no elevator.

All units are currently fully leased to tenants under a fixed-term lease expiring on April 30, 2017. By providing advance notice, the landlord may cancel the lease and have the tenants move out on April 30, 2017.

The current gross rental income for this property is 611,600 Yen/month, resulting in a gross yield of approximately 2.36%.  (Yield and current rent is not a guarantee of achievable rents and yields in the future).

The land is zoned as a Category 2 Residential Zone and Commercial Zone.

 LOCATION
Address: Transport:
  1-15-37 Minami Aoyama, Minato-ku, Tokyo
  • Aoyama Itchome Station – 5 min walk
    (Ginza, Hanzomon, Oedo Lines)
  • Nogizaka Station – 4 min walk
    (Chiyoda Line)
  • Roppongi Station – 9 min walk
    (Oedo Line)
Area Guide:
  • Tokyo Midtown: 650 meters
  • Roppongi Hills: 1,300 meters
 Floorplan

Minami Aoyama House Floorplan

 Details
Type: Office/Residential Building + Land
Land size (Registered): 155.33 sqm (Freehold)
Building size (Registered): 252.65 sqm (2,719 sq.ft)
Construction: 3-storey, Reinforced concrete
Built: July 1979
Earthquake standards: Kyu-Taishin (Old code) (what does this mean?)
Road: 4.05 meter wide public road on south side
Road frontage:
Zoning: Category II Residential Zone; Commercial Zone.
Building footprint ratio:
(kenpeiritsu)
60% / 80%
Floor area ratio:
(yosekiritsu)
300% / 500% (May be lower due to road width)
Status: Fully rented for 611,600 Yen/month
Annual gross rent (current): 7,339,200 Yen
Annual estimated costs:
Gross yield (current): 2.36%
*Inspection not possible while tenanted.
*Gross rent and yield is based on current occupancy. Gross rent and yield cannot be guaranteed now or in the future.
*No elevator.
*Quasi-fireproof area.
Last updated: January 10, 2017. Next update (scheduled): January 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.