For SaleCondominium

Will Liber Tokyo Iriya

Iriya 1-chome, Taito-ku, Tokyo
  • Corner unit
Asking Price
¥85,800,000
Est. Net Yield: 3.34%
Will Liber Tokyo Iriya - 1/9
1 / 9

Executive Summary

This 9th-floor unit is in Will Liber Tokyo Iriya, an 11-story reinforced concrete condominium building built in July 2013, located in Iriya 1-chome, Taito-ku, Tokyo. It is located a 3-minute walk from Iriya Station on the Tokyo Metro Hibiya Line, a 12-minute walk from Uguisudani Station on the Yamanote Line, and a 16-minute walk from Ueno Station on the Yamanote Line. The floor area is 70.1 sqm, the balcony area is 10.95 sqm, and the layout is a south-facing 3LDK corner unit. Key facilities include an auto-lock system, an elevator, delivery boxes, floor heating, a bathroom dryer, a reheating function, and a bidet toilet seat. The land right is ownership, and the zoning is Commercial Zone. It is currently rented out, and delivery is negotiable.

Property Details

Building Area
70.1 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2013
Floors
Floor 9 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥3,240,000
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
ネット使用料: ¥990 per month
Other costs
町会費: ¥300 per month

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社グローバルハート
Total units
31 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Gross Yield3.78%
Est. Net Yield3.34%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.78%
Est. Net Yield
3.34%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥87,090,000+¥2,860,000¥4,150,0004.5%-1.8%
2yr¥88,390,000+¥5,730,000¥8,320,0009.1%1.4%
3yr¥89,720,000+¥8,590,000¥12,510,00013.7%2.5%
4yr¥91,060,000+¥11,460,000¥16,720,00018.3%3%
5yr¥92,430,000+¥14,320,000¥20,950,00022.9%3.3%
6yr¥93,820,000+¥17,190,000¥25,200,00027.5%3.5%
7yr¥95,220,000+¥20,050,000¥29,480,00032.2%3.6%
8yr¥96,650,000+¥22,920,000¥33,770,00036.9%3.7%
9yr¥98,100,000+¥25,780,000¥38,080,00041.6%3.8%
10yr¥99,570,000+¥28,650,000¥42,420,00046.3%3.9%

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.)
¥5,807,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,897,400
Real Estate Acquisition Tax (est., rate varies by property type)¥1,540,000
Registration License Tax (title transfer)¥770,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥570,000

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

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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.

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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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