Romanee 80 Building

¥1,100,000,000

Gross yield: 2.99% (estimated)

Land & Building  | Building size: 401.10 sqm (4,316 sq.ft)
Dogenzaka, Shibuya-ku, Tokyo


 245 total views,  8 views today

ABOUT

Romanee 80 was designed by Von Jour Caux, aka Japan’s Gaudi, and built in 1980. The 7-story pencil building is right beside a 120-meter tall commercial project that will be home to the 272-room Hotel Indigo Tokyo Shibuya when it opens in early 2023. It is also across the street from the Tokyu Honten Department Store which is planned to be redeveloped into a 160-meter tall mixed-use tower containing a new luxury hotel by The House Collective, with completion tentatively scheduled for 2027.

The building has 6 tenant spaces and is partially leased.

About the architect:

Von Jour Caux formed an artist collective in the 1970s called Art Complex and they went on to design some highly decorative buildings around Tokyo, often featuring floral, animal, and body part motifs. His most well-known work may be the Waseda El Dorado ‘Rhythms of Vision’ apartment building in Shinjuku.

LOCATION

2-25 Dogenzaka, Shibuya-ku, Tokyo

Shibuya Station – 3 min walk
(Yamanote Line)


  • Shibuya Scramble: 300 meters
  • Shibuya 109: 210 meters
  • Tokyu Honten: 45 meters

FLOOR PLAN

Not available

DETAILS

Type: Retail building & Land
Building name: Romanee 80
Price: 1,100,000,000 Yen (incl. consumption tax)
Built: August 1980
Construction: 7-story + 1 basement, Reinforced concrete
Construction company: Nakano-gumi
Land size (registered): 73.95 sqm (796 sq.ft)
Building size (registered): 401.10 sqm (4,316 sq.ft)
Setback:
Land rights: Freehold
Road: Approx. 28-meter wide public road on north side
Road frontage:
Zoning: Commercial Zone
Building footprint ratio: 80%
Building floor-area ratio: 700%
Status: Partially leased
Delivery: To be negotiated
Transaction type: Brokerage
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. Inspections of leased spaces may not be permitted before or after purchase. Lease terms and conditions transfer over to the buyer.*Registered sizes may be different from measured sizes.
*Sale price is inclusive of consumption tax.
Last updated: October 2, 2022. Next update (scheduled): October 16, 2022.

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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.

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.