Villa Bianca Harajuku 4F

Studio/Office, 67.11 sqm
Jingumae, Shibuya-ku, Tokyo
69,800,000 Yen
(1,040,000 Yen/sqm)
 ABOUT

Villa Bianca is a landmark vintage apartment building in Harajuku, and the first of the ‘Villa’ series of apartments. It opened in 1964 – the same year as the Tokyo Olympics, and was featured in Time Magazine.

The building is located alongside Meiji Dori which leads to Harajuku and Shibuya. The first floor has retail space for restaurants, while the units above are a mix of residences and small offices. Of the 45 units, 10 were kept by the developer as rental units.

Villa Bianca is apparently over the current legal capacity limit, so if it was to be rebuilt it cannot be built to the same total size. In 2013, there were discussions about re-building.

 

This is a studio-type apartment/office on the 4th floor. The corner unit is north-east and south-east facing. It includes a spacious terrace balcony with olive trees, an interior that was renovated into an office space in September 2015, and a 3.79 sqm trunkroom storage space in the basement.

The estimated rent of this property is approximately 300,000 ~ 350,000 Yen/month, which could result in a potential gross yield of around 5.15 ~ 6.01%. NOTE: Estimated rent and gross yield is provided as a general guide only and is not a guarantee of actual achievable rent now or in the future.

The building is managed by Shuei Kosan. Car parking may be rented separately subject to availability.

 LOCATION
Address: Transport:
  2-33-12 Jingumae, Shibuya-ku, Tokyo
  • Harajuku Station – 10 min walk
    (Yamanote Line)
  • Meiji Jingumae Station – 8 min walk
    (Chiyoda, Fukutoshin Lines)
  • Kitasando Station – 7 min walk
    (Fukutoshin Line)
Area Guide:
  • Harajuku Takeshita Street: 450m
  • Togo Shrine: 350m
  • Harajuku Cat Street: 300m
  • Tokyu Plaza: 600m
  • Yoyogi Park: 1,100m
  • Olympic Stadium: 800m
  • OK Store Supermarket: 450m
 FLOORPLAN

 DETAILS
Type: Studio Apartment/Office
Size: 67.11 sqm (722 sq.ft)
Balcony:
Floor: 4F
Construction: 7-storey, Reinforced concrete
No. of apartments: 45
Built: April 1964
Earthquake standards: Kyu-Taishin (Old code) (what does this mean?)
Developed by: Kowa Shoji
Constructed by: Taisei Corporation
Managed by: Shuei Kosan
Land size: 1,012.52 sqm
Land ownership: Freehold
Car parking: May be rented separately subject to availability
Pets:
Monthly building fees:
Management: 24,200 Yen
Repair fund: 15,200 Yen
Other:
TOTAL: 39,400 Yen
Transaction details:
Status: Vacant
Delivery: To be negotiated
Transaction type: Brokerage
Brokerage fee: 3% + 60,000 Yen + consumption tax, charged to buyer.
*Inspection by advance appointment only.
*No warranty against defects to be provided by seller.
Last updated: April 21, 2017. Next update (scheduled): May 12, 2017.
 MAKE AN INQUIRY

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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.

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.