Land size: 228.36 sqm
Sendagaya, Shibuya-ku, Tokyo
Price per square meter: ¥1,982,000
This is a block of freehold land located a 7 minute walk from Harajuku Station and a 5 minute walk from Kitasando Station.
The land is zoned as a Category II Mid/High-Rise Oriented Residential Zone and fronts onto a 4-meter wide (after setback) public road on the east side.
There are possible building plans for a 3-storey mixed-use retail and residential building with a total floor area of 339.75 sqm (3,656 sq.ft), providing a potential gross rent of 2,710,000 Yen/month if fully leased. Construction costs are estimated at approximately 207,500,000 Yen. The estimated gross yield based on the projected rent and total cost of the land and construction is approximately 4.9%.
Note: rent and yield estimates are provided as a general guide only and are not guarantees of actual achievable rent now or in the future.
Sendagaya 3 Chome, Shibuya-ku, Tokyo
Kitasando Station – 5 min walk
Harajuku Station – 7 min walk
(JR Yamanote Line)
- Harajuku Takeshita Street: 500 meters
- Yoyogi Park: 900 meters
- Omotesando Avenue: 750 meters
- OK Supermarket: 400 meters
- 7-11: 220 meters
|Land size (registered):||231.63 sqm|
|Land size (measured):||228.36 sqm|
|Setback:||Required (approx. 3.27 sqm)|
|Road:||4m wide (after setback) public road on east side|
|Road frontage:||Approx. 7.2 meters (south-east) and 16.8 meters (north-east)|
|Zoning:||Category II 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.|
*Category 3 30m Height District.
*Category 1 School District.
|Last updated:||July 8, 2019.||Next update (scheduled):||July 23, 2019.|
MAKE AN INQUIRY
To inquire about this property please fill in the 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.