For SaleCondominium

Star Heights Kotobuki

Kotobuki 1-chome, Taito-ku, Tokyo
Asking Price
¥15,800,000
Est. Net Yield: 4.08%
Star Heights Kotobuki - 1/9
1 / 9

Executive Summary

Star Heights Kotobuki, located in Kotobuki 1-chome, Taito-ku, Tokyo, is a 10-story steel reinforced concrete (SRC) condominium built in January 1985. Access includes a 5-minute walk from Kuramae Station on the Toei Oedo Line, an 8-minute walk from Tawaramachi Station on the Tokyo Metro Ginza Line, and a 9-minute walk from Kuramae Station on the Toei Asakusa Line. The unit is located on the 6th floor facing east, featuring a 1R layout with a floor area of 16.7 sqm and a balcony area of 4.8 sqm. Main facilities and equipment include an elevator, security cameras, free bicycle parking, a system kitchen, an IH cooking heater, and an indoor washing machine space. Land rights are ownership, and the property is located in a Commercial Zone. It is currently tenanted, and delivery is negotiable.

Property Details

Building Area
16.7 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1985
Floors
Floor 6 of 10
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥840,000
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

Land rights
Freehold
Zoning
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社クレアスコミュニティー

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

Location & Map

Investment Analysis

Est. Gross Yield5.31%
Est. Net Yield4.08%

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
5.31%
Est. Net Yield
4.08%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥16,040,000+¥650,000¥880,0005.2%-1.7%
2yr¥16,280,000+¥1,290,000¥1,770,00010.4%1.8%
3yr¥16,520,000+¥1,940,000¥2,660,00015.7%3%
4yr¥16,770,000+¥2,580,000¥3,550,00020.9%3.5%
5yr¥17,020,000+¥3,230,000¥4,450,00026.2%3.9%
6yr¥17,280,000+¥3,870,000¥5,350,00031.5%4.1%
7yr¥17,540,000+¥4,520,000¥6,250,00036.8%4.2%
8yr¥17,800,000+¥5,160,000¥7,160,00042.2%4.3%
9yr¥18,070,000+¥5,810,000¥8,070,00047.6%4.4%
10yr¥18,340,000+¥6,450,000¥8,990,00053%4.5%

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.)
¥1,167,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥587,400
Real Estate Acquisition Tax (est., rate varies by property type)¥280,000
Registration License Tax (title transfer)¥140,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

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.

Apply online

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)
Inquire