Apartment Building + Land
Minamiazabu, Minato-ku, Tokyo
135,000,000 Yen
 ABOUT

This is 3-unit, 4-storey apartment building in the Minamiazabu 1 Chome neighbourhood near Azabujuban Station.

The steel-frame building was completed in May 2016 and the three studio apartments are currently leased to tenants. The building is a ‘Hebel Maison’ brand built by Asahi Kasei.

The current gross rent is 310,000 Yen/month (including 9,000 Yen in maintenance fees charged to tenants), which results in a gross yield of approximately 2.75%. (NOTE: Current rent and gross yield is not a guarantee of future achievable rent or yield).

The ground floor car parking space is currently empty but is advertised for rent for 25,000 Yen/month.

The land fronts onto a 4.0 meter wide public road on the west side and has a street frontage of approximately 4.2 meters. The land is zoned as a Quasi-Industrial Zone.

 LOCATION
Address: Transport:
  1-10-7 Minamiazabu, Minato-ku, Tokyo
  • Azabujuban Station – 10 min walk
    (Namboku, Oedo Lines)
Area Guide:
  • Azabujuban Restaurant Street: 700 meters
  • Peacock Supermarket: 600 meters
  • Gourmet City Supermarket: 800 meters
  • Arisugawa Park: 850 meters
  • Roppongi Hills: 1,400 meters
 Floorplan

minamiazabu-1-apartment-building-floorplan

 Details
Type: Apartment Building + Land
Land size (Registered): 47.22 sqm (Freehold)
Building size*: 124.32 sqm (1,338 sq.ft)
Construction: 4-storey, Steel frame
Built: May 2016
Road: 4.0m wide public road on west side
Road frontage: Approx. 4.2 meters
Zoning: Quasi-Industrial Zone
Building footprint ratio:
(kenpeiritsu)
60%
Floor area ratio:
(yosekiritsu)
240%
Status: RENTED
Annual gross rent (current): 3,720,000 Yen
Annual estimated costs:
Gross yield (current): 2.75%
*Inspection not possible while occupied by tenants. Buyer must honour terms of original rental leases.
*Building size based on construction permit and may differ from registered size for tax purposes.
*Building size includes car parking space and building common areas of 52.06 sqm.
*Special use district (special industrial district).
*No elevator.
*No bicycle parking.
Last updated: January 19, 2017. Next update (scheduled): February 3, 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.