Tomigaya Apartment Building

¥698,000,000

Gross yield: 4.20%

Land & Building  | Building size: 617.85 sqm (6,648 sq.ft)
Tomigaya, Shibuya-ku, Tokyo


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ABOUT

This is a 3-story + basement apartment building in the Tomigaya 2 Chome address. It is a 9-minute walk to Yoyogi Koen Station and Yoyogi Uehara Station.

The reinforced concrete building was built in April 2022 and has 18 rental apartments. 10 of the apartments are leased and the remaining 8 are under application.

The apartments range in size from 23.13 ~ 36.94 sqm (249 ~ 397 sq.ft), and the advertised monthly rents average around 4,840 Yen/sqm or 15,990 Yen/tsubo.

The estimated gross annual rental income if fully leased is 29,328,000 Yen, providing a gross rental yield of 4.20%. Note: Rental income and yield is provided as a general guide only and is not a guarantee of actual achievable rent now or in the future.

As of January 28, 2023, 11 of the 18 apartments were leased and the remaining 7 were under application.

Notes:

  • No elevator

LOCATION

2-38-8 Tomigaya, Shibuya-ku, Tokyo

Yoyogi Koen Station – 9 min walk
(Chiyoda Line)

Yoyogi Uehara Station – 9 min walk
(Chiyoda, Odakyu Lines)


  • Yoyogi Park: 1,100 meters
  • Shibuya Crossing: 2,000 meters
  • Hanamasa Tomigaya Supermarket: 550 meters

FLOOR PLAN

DETAILS

Type: Apartment building & Land
Building name: Fabric Yoyogikouen
Price: 698,000,000 Yen (incl. consumption tax)
Built: April 2022
Construction: 3-story + 1 basement, Reinforced concrete
Construction company:
Land size: 288.98 sqm (3,109 sq.ft)
Building size (registered): 617.85 sqm (6,648 sq.ft)
Setback:
Land rights: Freehold
Road: Approx. 4-meter wide public road on north-west side
Road frontage:
Zoning: Category I Exclusively Low-Rise Residential Zone
Building footprint ratio: 60%
Building floor-area ratio: 150%
Status: Leased & Under Application
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.*Registered sizes may be different from measured sizes.
*Sale price is inclusive of consumption tax.
*Bicycle parking: 300 Yen/month (incl. tax). Motorbike parking (50cc): 3,300 Yen/month (incl. tax). Motorbike parking (400cc): 5,500 Yen/month (incl. tax).
Last updated: February 1, 2023. Next update (scheduled): February 15, 2023.

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.

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.