For SaleCondominium

Dia Palace Dai 3

Higashishinkoiwa 1-chome, Katsushika-ku, Tokyo
  • Top floor
Asking Price
¥9,200,000
Est. Net Yield: 4.83%
Dia Palace Dai 3 - 1/1
1 / 1

Executive Summary

Located in Higashishinkoiwa 1-chome, Katsushika-ku, Tokyo, Dia Palace Dai 3 is a 4-story reinforced concrete (RC) condominium built in June 1988. Transit access includes a 10-minute walk from Shin-Koiwa Station on the Sobu/Chuo Local Line and a 13-minute walk from Shin-Koiwa Station on the Sobu Main Line. The subject unit is situated on the 4th floor with a 1R layout, a floor area of 16.6 sqm, and a balcony area of 1 sqm. The building contains 30 units in total with a tiled exterior and is equipped with an auto-lock system, security cameras, an elevator, delivery lockers, air conditioning, and city gas. The land rights are ownership, and the zoning is Quasi-Industrial Zone. The property is currently tenanted, and handover is subject to consultation.

Property Details

Building Area
16.6 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1988
Floors
Floor 4 of 4
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥600,000
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

Site area (whole building)
396.0 ㎡
Land rights
Freehold
Zoning
Quasi-industrial zone

Building management

Management type
Fully outsourced
Building manager
不在
Management company
コニュニティーワン
Owners' association
Yes
Total units
30 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Gross Yield6.52%
Est. Net Yield4.83%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
6.52%
Est. Net Yield
4.83%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥9,340,000+¥440,000¥580,0005.9%-1.4%
2yr¥9,480,000+¥890,000¥1,170,00011.7%2.2%
3yr¥9,620,000+¥1,330,000¥1,750,00017.7%3.5%
4yr¥9,760,000+¥1,780,000¥2,340,00023.6%4.1%
5yr¥9,910,000+¥2,220,000¥2,930,00029.5%4.4%
6yr¥10,060,000+¥2,660,000¥3,520,00035.5%4.7%
7yr¥10,210,000+¥3,110,000¥4,120,00041.5%4.8%
8yr¥10,360,000+¥3,550,000¥4,720,00047.5%4.9%
9yr¥10,520,000+¥4,000,000¥5,320,00053.6%5%
10yr¥10,680,000+¥4,440,000¥5,920,00059.6%5.1%

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.)
¥724,600
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥369,600
Real Estate Acquisition Tax (est., rate varies by property type)¥160,000
Registration License Tax (title transfer)¥80,000
Stamp Duty (purchase agreement)¥5,000
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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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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