Coop Olympia 4F

¥98,900,000

Apt. 4F | 1 Bedroom + 1 Bathroom |  56.21 sqm (605 sq.ft)
Jingumae, Shibuya-ku, Tokyo

Price per square meter: ¥1,759,000 | Monthly building fees: ¥54,604


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ABOUT

Co-op Olympia is a vintage apartment building located in a prime position in the heart of Harajuku. It is across the street from Harajuku Station and Yoyogi Park.

This was one of the very first luxury apartment buildings in Tokyo. When new, apartments were priced from 30 ~ 120 million Yen and were purchased by only the wealthiest business people and celebrities. It was completed in 1965, just after the Tokyo Olympics which were held close-by. Its proximity to several of the Olympic sporting venues provided the inspiration for the building name.

FEATURES

  • Front desk
  • Renovated interior

The building has become a landmark for the area due to its unique design and prime location, and is a highly sought-after vintage residence / office location.

This is a 1-Bedroom apartment on the 4th floor. It is north facing and looks towards Omotesando Avenue, Harajuku Station and Yoyogi Park. The interior was updated in November 2019 with new flooring, wallpaper, kitchen, and bathroom.

*There have been discussions about redeveloping this building since 2004 but there has been difficulty obtaining agreement from enough of the apartment owners.

*Please note that there is a possibility that this building exceeds current building height limits for this area. Unless allowances can be obtained, it is possible that a new building could not be built to the same size as the current building, resulting in smaller apartments for existing landowners. The current building was built to a 600% ratio, while current building capacity ratios may be 450%. 

*The building was built to the old earthquake codes (kyu-taishin) and may not meet current earthquake-resistant standards. Exterior earthquake-reinforcing may be difficult as the building is already built to the edges of the site boundaries. 

LOCATION

6-35-3 Jingumae, Shibuya-ku, Tokyo

Harajuku Station – 2 min walk
(JR Yamanote Line)

Meiji Jingumae Station – 1 min walk
(Chiyoda, Fukutoshin Lines)


  • Yoyogi Park: 200 meters
  • Takeshita Street: 350 meters
  • Tokyu Plaza: 300 meters
  • Shibuya Crossing: 1,200 meters
  • Harajuku Cat Street: 400 meters
  • Omotesando Hills: 600 meters

FLOOR PLAN

DETAILS

Type: 1-Bedroom Apartment
Size (Center-wall): 56.21 sqm (605 sq.ft)
Balcony: None
Floor: 4F
Construction: 11-storey + 1 Basement, Steel reinforced concrete
No. of apartments: 171
Built: March 1965
Earthquake standards: Kyu-Taishin (Old Code) (what does this mean?)
Developed by: Tokyo Co-Op
Constructed by: Shimizu Corporation
Managed by: Self-managed
Land size: 3,523.26 m2
Land ownership: 12 / 2,928 (Freehold)
Car parking: May be rented separately, subject to availability
(from 30,200 ~ 37,500 Yen/month)
Pets: Please inquire
 
Monthly building fees:
Management: 54,604 Yen
Repair fund:
Other:
TOTAL: 54,604 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. Please understand that some viewing times may not be possible due to sellers’ schedules. Same-day appointments are not possible.

*Management fee includes central air fee of 34,680 Yen.
*Water is charged at 800 Yen/month for base charge plus 150 Yen per cubic meter. Hot water is charged at 880 Yen per cubic meter.
Last updated: March 27, 2020. Next update (scheduled): April 17, 2020.

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.
All prices are indicated in Japanese Yen.