No Longer ListedCondominium

Nikko Palace Takadanobaba

Kami-Ochiai 1-chome, Shinjuku-ku, Tokyo
Asking Price
¥17,800,000
Est. Net Yield: 5.14%

No Longer Listed

This property is no longer listed and is not currently available. The details remain here for reference.

Nikko Palace Takadanobaba - 1/2
1 / 2

Executive Summary

We present Nikko Palace Takadanobaba, an apartment located in Kami-Ochiai 1-chome, Shinjuku-ku, Tokyo. In terms of transportation, Shimo-Ochiai Station on the Seibu Shinjuku Line is the nearest station. This is an investment property located in the Shinjuku-ku area in central Tokyo.

Property Details

Building Area
22.9 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1981
Floors
Floor 3 of 5
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,070,000
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
Quasi-industrial zone

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
クラシテ株式会社
Total units
81 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Gross Yield6%
Est. Net Yield5.14%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
6.00%
Est. Net Yield
5.14%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥18,070,000+¥920,000¥1,180,0006.2%-0.6%
2yr¥18,340,000+¥1,830,000¥2,370,00012.4%2.8%
3yr¥18,610,000+¥2,750,000¥3,560,00018.6%4%
4yr¥18,890,000+¥3,660,000¥4,750,00024.9%4.5%
5yr¥19,180,000+¥4,580,000¥5,950,00031.2%4.9%
6yr¥19,460,000+¥5,490,000¥7,160,00037.5%5.1%
7yr¥19,760,000+¥6,410,000¥8,360,00043.8%5.2%
8yr¥20,050,000+¥7,320,000¥9,570,00050.1%5.3%
9yr¥20,350,000+¥8,240,000¥10,790,00056.5%5.4%
10yr¥20,660,000+¥9,150,000¥12,010,00062.9%5.4%

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.)
¥1,303,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥653,400
Real Estate Acquisition Tax (est., rate varies by property type)¥320,000
Registration License Tax (title transfer)¥160,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥160,000

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

You can view the properties we currently offer in our listings. We are also glad to suggest similar opportunities.