For SaleCondominium

Ober Shibuya

Shibuya 3-chome, Shibuya-ku, Tokyo
Asking Price
¥43,500,000
Est. Net Yield: 3.84%
Ober Shibuya - 1/2
1 / 2

Executive Summary

Located in Shibuya 3-chome, Shibuya-ku, Tokyo, "Ober Shibuya" is an 8-story SRC condominium built in June 1985. It is located a 7-minute walk from Shibuya Station on the Tokyo Metro Ginza Line, with Omotesando Station also within walking distance. The building contains 32 units in total, with fully outsourced daytime management. The unit is situated on the 6th floor, featuring a floor area of 28.8㎡, a 1R layout, and southwest orientation. Land rights are ownership, and the zoning is Commercial Zone. The property is currently vacant and available for immediate handover. Consultation regarding office use is also possible.

Property Details

Building Area
28.8 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1985
Floors
Floor 6 of 8
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,860,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
32 units

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

Location & Map

Investment Analysis

Est. Gross Yield4.28%
Est. Net Yield3.84%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.28%
Est. Net Yield
3.84%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥44,150,000+¥1,670,000¥2,320,0005%-1.4%
2yr¥44,810,000+¥3,340,000¥4,660,00010%1.8%
3yr¥45,490,000+¥5,010,000¥7,000,00015.1%2.9%
4yr¥46,170,000+¥6,680,000¥9,350,00020.1%3.4%
5yr¥46,860,000+¥8,350,000¥11,710,00025.2%3.7%
6yr¥47,560,000+¥10,020,000¥14,090,00030.3%3.9%
7yr¥48,280,000+¥11,690,000¥16,470,00035.4%4.1%
8yr¥49,000,000+¥13,360,000¥18,860,00040.6%4.2%
9yr¥49,740,000+¥15,030,000¥21,270,00045.7%4.2%
10yr¥50,480,000+¥16,700,000¥23,690,00050.9%4.3%

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.)
¥2,991,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,501,500
Real Estate Acquisition Tax (est., rate varies by property type)¥780,000
Registration License Tax (title transfer)¥390,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥310,000

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

Book from open times

Book a Private Viewing or Online Consultation

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

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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