For SaleCondominium

New Heights Hatchobori

Shinkawa 2-chome, Chuo-ku, Tokyo
Asking Price
¥32,500,000
Est. Net Yield: 4.83%
New Heights Hatchobori - 1/7
1 / 7

Executive Summary

This is a 3rd-floor unit in New Heights Hatchobori, a 12-story steel-framed reinforced concrete (SRC) condominium built in October 1982, located in Shinkawa 2-chome, Chuo-ku, Tokyo. It is situated a 6-minute walk from Hatchobori Station on the Keiyo Line, a 7-minute walk from Hatchobori Station on the Tokyo Metro Hibiya Line, and an 11-minute walk from Kayabacho Station on the Tokyo Metro Hibiya Line. The floor area is 34.6㎡, the layout is 1DK, and it faces southwest. Equipment includes a two-burner stove, indoor washing machine space, storage space, and flooring in all rooms. The total number of units is 86, the land right is ownership, and the zoning is Commercial Zone. The unit is currently tenanted, and handover is open for discussion. Nearby facilities include a convenience store 76m away (1-minute walk), commercial facilities 95m away (2-minute walk), and restaurants 159m away (2-minute walk).

Property Details

Building Area
34.6 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
SRC
Built Year
1982
Floors
Floor 3 of 12
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,730,000
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

Building management

Management type
Fully outsourced
Building manager
不在
Management company
グローブシップ株式会社
Owners' association
Yes
Total units
86 units

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

Location & Map

Investment Analysis

Est. Gross Yield5.33%
Est. Net Yield4.83%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.33%
Est. Net Yield
4.83%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥32,990,000+¥1,570,000¥2,060,0005.9%-0.6%
2yr¥33,480,000+¥3,140,000¥4,120,00011.9%2.7%
3yr¥33,980,000+¥4,710,000¥6,190,00017.8%3.8%
4yr¥34,490,000+¥6,270,000¥8,270,00023.8%4.3%
5yr¥35,010,000+¥7,840,000¥10,350,00029.8%4.6%
6yr¥35,540,000+¥9,410,000¥12,450,00035.8%4.8%
7yr¥36,070,000+¥10,980,000¥14,550,00041.9%5%
8yr¥36,610,000+¥12,550,000¥16,660,00047.9%5.1%
9yr¥37,160,000+¥14,120,000¥18,780,00054%5.1%
10yr¥37,720,000+¥15,680,000¥20,900,00060.1%5.2%

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.)
¥2,258,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,138,500
Real Estate Acquisition Tax (est., rate varies by property type)¥580,000
Registration License Tax (title transfer)¥290,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥240,000

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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