For SaleCondominium

Lions Mansion Gokokuji Dai 2

Otsuka 5-chome, Bunkyo-ku, Tokyo
Asking Price
¥28,500,000
Est. Net Yield: 3.65%
Lions Mansion Gokokuji Dai 2 - 1/14
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Executive Summary

This is a unit in Lions Mansion Gokokuji Dai 2, a 7-story reinforced concrete (RC) condominium building built in January 1983, located in Otsuka 5-chome, Bunkyo-ku, Tokyo. The total number of units is 62, and the management form is fully outsourced (day shift). Transportation access includes a 4-minute walk from Shin-otsuka Station on the Tokyo Metro Marunouchi Line and a 14-minute walk from Otsuka Station on the Yamanote Line. The subject unit is located on the 5th floor, featuring a floor area of 28.4㎡ and a 1DK layout. Common facilities include an elevator and bicycle parking (300 yen per month), and the building uses city gas. Land rights are ownership, and the zoning is Quasi-industrial Zone. The property is currently tenanted, and the delivery timing is negotiable. Transaction terms are as-is condition, exemption from liability for non-conformity of contract, seller-designated judicial scrivener, and tenant enrollment in a guarantor company.

Property Details

Building Area
28.4 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
RC
Built Year
1983
Floors
Floor 5 of 7
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,240,000
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)
855.0 ㎡
Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社大京アステージ
Owners' association
Yes
Total units
62 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.34%
Est. Net Yield3.65%

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
4.34%
Est. Net Yield
3.65%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥28,930,000+¥1,040,000¥1,470,0004.8%-1.7%
2yr¥29,360,000+¥2,080,000¥2,940,0009.7%1.6%
3yr¥29,800,000+¥3,120,000¥4,430,00014.5%2.7%
4yr¥30,250,000+¥4,170,000¥5,920,00019.4%3.2%
5yr¥30,700,000+¥5,210,000¥7,410,00024.3%3.5%
6yr¥31,160,000+¥6,250,000¥8,910,00029.2%3.7%
7yr¥31,630,000+¥7,290,000¥10,420,00034.2%3.9%
8yr¥32,110,000+¥8,330,000¥11,940,00039.1%4%
9yr¥32,590,000+¥9,370,000¥13,460,00044.1%4.1%
10yr¥33,080,000+¥10,420,000¥14,990,00049.2%4.1%

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.)
¥1,996,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,006,500
Real Estate Acquisition Tax (est., rate varies by property type)¥510,000
Registration License Tax (title transfer)¥250,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥220,000

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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