For SaleCondominium

Towa Mita Coop II

Mita 3-chome, Minato-ku, Tokyo
  • Office use allowed
Asking Price
¥25,800,000
Est. Net Yield: 4.15%
Towa Mita Coop II - 1/2
1 / 2

Executive Summary

This is a 2nd-floor unit of Towa Mita Coop II, a 14-story SRC structure apartment building constructed in January 1983, located in Mita 3-chome, Minato-ku, Tokyo. Transportation access includes a 4-minute walk from Mita Station on the Toei Mita Line, a 4-minute walk from Mita Station on the Toei Asakusa Line, and a 7-minute walk from Tamachi Station on the Yamanote Line. The floor area is 25.8 sqm with a 1DK layout and faces east. Facilities include storage space and an elevator, and office use is permitted. Construction was by Konoike Construction Co., Ltd., the total number of units is 73, and the management form is fully outsourced with day-shift management. Land rights are ownership, and the zoning is Commercial Zone. The property is currently tenanted, and the delivery timing is negotiable.

Property Details

Building Area
25.8 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
SRC
Built Year
1983
Floors
Floor 2 of 14
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,310,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Other costs
給湯使用料: ¥4,815 per month
Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
73 units

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Gross Yield5.06%
Est. Net Yield4.15%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
5.06%
Est. Net Yield
4.15%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥26,190,000+¥1,070,000¥1,460,0005.3%-1.3%
2yr¥26,580,000+¥2,140,000¥2,920,00010.6%2%
3yr¥26,980,000+¥3,210,000¥4,390,00015.9%3.1%
4yr¥27,380,000+¥4,280,000¥5,870,00021.2%3.7%
5yr¥27,790,000+¥5,360,000¥7,350,00026.6%4%
6yr¥28,210,000+¥6,430,000¥8,840,00032%4.2%
7yr¥28,630,000+¥7,500,000¥10,330,00037.4%4.3%
8yr¥29,060,000+¥8,570,000¥11,830,00042.8%4.4%
9yr¥29,500,000+¥9,640,000¥13,340,00048.3%4.5%
10yr¥29,940,000+¥10,710,000¥14,850,00053.8%4.6%

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥1,827,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥917,400
Real Estate Acquisition Tax (est., rate varies by property type)¥460,000
Registration License Tax (title transfer)¥230,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥210,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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