For SaleCondominium

Kakuei Mansion (Ochiai-minaminagasaki)

Minaminagasaki 5-chome, Toshima-ku, Tokyo
Asking Price
¥22,000,000
Est. Net Yield: 5.41%
Kakuei Mansion (Ochiai-minaminagasaki) - 1/12
1 / 12

Executive Summary

This is a 9-story steel reinforced concrete (SRC) condominium built in July 1967, located in Minaminagasaki 5-chome, Toshima-ku, Tokyo. Transportation access includes a 4-minute walk from Higashi-Nagasaki Station on the Seibu Ikebukuro and Toshima Line, and a 5-minute walk from Ochiai-minaminagasaki Station on the Toei Oedo Line. The unit is a southwest-facing 1LDK located on the 1st floor with a floor area of 46.5 sqm and a balcony area of 3.36 sqm. The building is equipped with an elevator, and unit facilities include a warm-water bidet toilet seat, bathroom dryer, two-burner stove, air conditioner, and indoor washing machine space. Bicycle parking (200 yen per month) and motorcycle parking (600 yen per month) are available, there is no available car parking space, and the management form is fully outsourced (day shift). The land right is ownership, and the zoning is Neighborhood Commercial Zone and Category I Residential Zone. The property is currently tenanted, and immediate delivery is possible.

Property Details

Building Area
46.5 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
SRC
Built Year
1967
Floors
Floor 1 of 9
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,530,000
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)
866.3 ㎡
Land rights
Freehold
Zoning
Neighborhood commercial zone / Category 1 residential zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
(株)東京管理

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

Location & Map

Investment Analysis

Est. Gross Yield6.95%
Est. Net Yield5.41%

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
6.95%
Est. Net Yield
5.41%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥22,330,000+¥1,190,000¥1,520,0006.4%-0.2%
2yr¥22,660,000+¥2,380,000¥3,040,00012.9%3.2%
3yr¥23,000,000+¥3,570,000¥4,570,00019.4%4.3%
4yr¥23,350,000+¥4,760,000¥6,110,00025.9%4.8%
5yr¥23,700,000+¥5,950,000¥7,650,00032.5%5.2%
6yr¥24,060,000+¥7,140,000¥9,190,00039%5.4%
7yr¥24,420,000+¥8,320,000¥10,740,00045.6%5.5%
8yr¥24,780,000+¥9,510,000¥12,300,00052.2%5.6%
9yr¥25,150,000+¥10,700,000¥13,860,00058.8%5.6%
10yr¥25,530,000+¥11,890,000¥15,420,00065.5%5.7%

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.)
¥1,562,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥792,000
Real Estate Acquisition Tax (est., rate varies by property type)¥390,000
Registration License Tax (title transfer)¥190,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥180,000

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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