For SaleCondominium

Nisshin Palstage Kameido No. 2

Kameido 2-chome, Koto-ku, Tokyo
  • Office use allowed
Asking Price
¥10,300,000
Est. Net Yield: 5.65%
Nisshin Palstage Kameido No. 2 - 1/3
1 / 3

Executive Summary

This is a 5th-floor unit in Nisshin Palstage Kameido No. 2, a 10-story steel reinforced concrete (SRC) apartment building constructed in October 1989, located in Kameido 2-chome, Koto-ku, Tokyo. It is situated a 7-minute walk from Kameido Station on the Sobu-Chuo Local Line. The floor area is 16.8 sqm, the balcony area is 1.9 sqm, and the layout is a west-facing 1R. The building is equipped with an auto-lock system, security cameras, an elevator, and delivery boxes, and office use as well as musical instruments are open for consultation. The land right is ownership, and the zoning is Commercial Zone. The property is currently tenanted, and immediate handover is available. Nearby amenities include a convenience store (4 m, 1-minute walk), a medical facility (114 m, 2-minute walk), and a commercial facility (196 m, 3-minute walk). Please note that withholding tax will be incurred as the seller is a non-resident.

Property Details

Building Area
16.8 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1989
Floors
Floor 5 of 10
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥720,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Immediately

Land & legal restrictions

Site area (whole building)
225.7 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社サニーライフ
Total units
59 units

Utilities & nearby

To elementary school
about 408 m

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

Location & Map

Investment Analysis

Est. Gross Yield6.99%
Est. Net Yield5.65%

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
6.99%
Est. Net Yield
5.65%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥10,450,000+¥580,000¥740,0006.6%-0.5%
2yr¥10,610,000+¥1,160,000¥1,470,00013.3%3.1%
3yr¥10,770,000+¥1,750,000¥2,220,00020%4.3%
4yr¥10,930,000+¥2,330,000¥2,960,00026.7%4.9%
5yr¥11,100,000+¥2,910,000¥3,700,00033.4%5.2%
6yr¥11,260,000+¥3,490,000¥4,450,00040.1%5.5%
7yr¥11,430,000+¥4,070,000¥5,200,00046.9%5.6%
8yr¥11,600,000+¥4,650,000¥5,960,00053.7%5.7%
9yr¥11,780,000+¥5,240,000¥6,710,00060.5%5.8%
10yr¥11,950,000+¥5,820,000¥7,470,00067.3%5.8%

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.)
¥795,900
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥405,900
Real Estate Acquisition Tax (est., rate varies by property type)¥180,000
Registration License Tax (title transfer)¥90,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥110,000

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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