Sendagaya 1 Building

¥428,000,000

Gross yield: 2.44%

Land & Building  | Building size: 350.33 sqm (3,770 sq.ft)
Sendagaya, Shibuya-ku, Tokyo


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ABOUT

This is a 5-story + 1 basement reinforced concrete commercial/residential building located a 2-minute walk from the Olympic Stadium and a 7-minute walk from Sendagaya Station.

The building sits on a corner lot of freehold land in a Neighborhood Commercial Zone. This zone is designated to provide daily shopping facilities for the neighbourhood residents. In addition to residential and shop buildings, small factory buildings are permitted.

The building has a total of 6 lettable spaces (4 x office and 2 x residential). The property is currently partially leased with an annual rental revenue of 10,447,800 Yen. The estimated annual rental revenue if fully leased is 14,743,800 Yen (note: this is provided as a general estimate only and is not a guarantee or actual achievable rent now or in the future).

Notes:

  • No building completion certificate.

LOCATION

Sendagaya 1 Chome, Shibuya-ku, Tokyo

Sendagaya Station – 7 min walk
(Chuo Sobu Lines)

Kokuritsu Kyogijo Station – 7 min walk
(Oedo Line)

Kitasando Station – 8 min walk
(Fukutoshin Line)


  • Olympic Stadium: 160 meters

FLOOR PLAN

DETAILS

Type: Retail, office and residential building & Land
Building name: Katayama Building
Price: 428,000,000 Yen
Built: August 1988
Construction: 5-story + 1 basement, Reinforced concrete
Construction company:
Land size (registered): 110.63 sqm (1,190 sq.ft)
Building size: 350.33 sqm (3,770 sq.ft)
Setback: Approx. 6.25 sqm required
Land rights: Freehold
Road: Approx. 7.1-meter wide public road on south-west side; approx. 3-meter wide public road on south-east side
Road frontage:
Zoning: Neighborhood Commercial Zone
Building footprint ratio: 80%
Building floor-area ratio: 300%
Status: Partially leased
Delivery: To be negotiated
Transaction type: Brokerage
Brokerage fee: 3% + 60,000 Yen + consumption tax, charged to buyer.
*Please understand that inspection of tenanted spaces may not be possible before or after purchase while leased to tenants. Lease terms and conditions are transferred to buyer upon purchase. Future rents, occupancy, and yields are not guaranteed and are subject to change.*Registered sizes may be different from measured sizes.
*No building completion certificate.
*Quasi-fireproof district.
30m Cat. 3 Height District.
*Cat. 2 School Zone.
*Sunlight regulations (5h-3h/4m).
Last updated: December 4, 2022. Next update (scheduled): December 18, 2022.

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.

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.