For SaleCondominium

Grand Foret Takenotsuka

Nishi-Hokima 1-chome, Adachi-ku, Tokyo
  • Corner unit
  • Pets negotiable
Asking Price
¥45,800,000
Est. Net Yield: 4.24%
Grand Foret Takenotsuka - 1/13
1 / 13

Executive Summary

This 7th-floor unit is located in a 13-story reinforced concrete (RC) condominium built in March 2011, situated in Nishi-Hokima 1-chome, Adachi-ku, Tokyo. It is located a 15-minute walk from Takenotsuka Station on the Tobu Isesaki and Daishi Lines. With a floor area of 70.4 sqm and a balcony area of 14.94 sqm, it is a 3LDK southwest-facing corner unit. The unit features a walk-in closet, a shoes-in closet, a bathroom of 1 tsubo or more, and a kitchen service door. Common areas include an auto-lock system, delivery lockers, and pet facilities such as a rooftop dog run. It has a renovation history for wet areas and interior completed in August 2022. The land rights are ownership, and the zoning is Neighborhood Commercial Zone. The property is currently vacant, and delivery is negotiable. Nearby facilities include a convenience store 308 m away (a 4-minute walk) and a commercial facility 402 m away (a 6-minute walk).

Property Details

Building Area
70.4 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2011
Floors
Floor 7 of 13
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,300,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
672.1 ㎡
Land rights
Freehold
Zoning
Neighborhood commercial zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
東京互光株式会社
Total units
37 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield5.01%
Est. Net Yield4.24%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.01%
Est. Net Yield
4.24%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥46,490,000+¥1,940,000¥2,630,0005.4%-1.1%
2yr¥47,180,000+¥3,880,000¥5,270,00010.8%2.2%
3yr¥47,890,000+¥5,830,000¥7,920,00016.2%3.3%
4yr¥48,610,000+¥7,770,000¥10,580,00021.6%3.8%
5yr¥49,340,000+¥9,710,000¥13,250,00027.1%4.1%
6yr¥50,080,000+¥11,650,000¥15,930,00032.5%4.3%
7yr¥50,830,000+¥13,590,000¥18,620,00038.1%4.4%
8yr¥51,590,000+¥15,540,000¥21,330,00043.6%4.5%
9yr¥52,370,000+¥17,480,000¥24,040,00049.1%4.6%
10yr¥53,150,000+¥19,420,000¥26,770,00054.7%4.7%

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.)
¥3,147,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,577,400
Real Estate Acquisition Tax (est., rate varies by property type)¥820,000
Registration License Tax (title transfer)¥410,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥330,000

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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