For SaleCondominium

Kayabacho Sky Heights

Shinkawa 1-chome, Chuo-ku, Tokyo
  • Office use allowed
Asking Price
¥19,800,000
Est. Net Yield: 4.91%
Kayabacho Sky Heights - 1/1
1 / 1

Executive Summary

This is a 2nd-floor unit in Kayabacho Sky Heights, an 11-story steel framed reinforced concrete (SRC) apartment building constructed in July 1974, located in Shinkawa 1-chome, Chuo-ku, Tokyo. Accessible transit includes a 7-minute walk from Hatchobori Station on the Tokyo Metro Hibiya Line, a 9-minute walk from Kayabacho Station on the Tokyo Metro Tozai Line, and an 11-minute walk from Suitengumae Station on the Tokyo Metro Hanzomon Line. The unit features a 1R layout with a floor area of 23.2 sqm and a balcony area of 4.8 sqm, facing southwest. It is equipped with an elevator, air conditioning, hot water supply, lighting fixtures, and storage space, with newly completed renovations finished in February 2026. Office use is permitted. Land rights are ownership, and the zoning is Commercial Zone. The current status is vacant, with immediate handover available.

Property Details

Building Area
23.2 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1974
Floors
Floor 2 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,200,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Other costs
追加: ¥500 per month
Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Total units
120 units

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

Location & Map

Investment Analysis

Est. Gross Yield6.08%
Est. Net Yield4.91%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.08%
Est. Net Yield
4.91%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥20,100,000+¥970,000¥1,270,0006%-0.7%
2yr¥20,400,000+¥1,940,000¥2,540,00012%2.7%
3yr¥20,700,000+¥2,910,000¥3,820,00018%3.8%
4yr¥21,010,000+¥3,890,000¥5,100,00024%4.4%
5yr¥21,330,000+¥4,860,000¥6,390,00030.1%4.7%
6yr¥21,650,000+¥5,830,000¥7,680,00036.2%4.9%
7yr¥21,970,000+¥6,800,000¥8,980,00042.3%5%
8yr¥22,300,000+¥7,770,000¥10,280,00048.4%5.1%
9yr¥22,640,000+¥8,740,000¥11,580,00054.6%5.2%
10yr¥22,980,000+¥9,720,000¥12,890,00060.8%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.)
¥1,419,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥719,400
Real Estate Acquisition Tax (est., rate varies by property type)¥350,000
Registration License Tax (title transfer)¥170,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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

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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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