For SaleCondominium

Apartment in Oji 1-chome, Kita-ku

Oji 1-chome, Kita-ku, Tokyo
Asking Price
¥31,000,000
Est. Net Yield: 3.33%
Apartment in Oji 1-chome, Kita-ku - 1/1
1 / 1

Executive Summary

This is a 13-story reinforced concrete (RC) apartment building built in March 2022, located in Oji 1-chome, Kita-ku, Tokyo. Transportation access includes a 7-minute walk from Oji-ekimae Station on the Tokyo Metropolitan Arakawa Line, an 8-minute walk from Oji Station on the Tokyo Metro Namboku Line, and a 9-minute walk from Oji Station on the Keihin-Tohoku and Negishi Lines. The unit is on the 7th floor, facing north with a 1K layout, featuring a floor area of 26.1 sqm and a balcony area of 3.25 sqm. The building is equipped with an elevator, auto-lock system, and security cameras, while the unit features a system kitchen with a two-burner stove, a bathroom dryer, and an air conditioner. The total number of units is 43, the land right is ownership, and the zoning is Neighborhood Commercial Zone. The unit is currently tenanted, and the handover timing is open for discussion.

Property Details

Building Area
26.1 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
2022
Floors
Floor 7 of 13
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,100,000
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)
427.5 ㎡
Land rights
Freehold
Zoning
Neighborhood commercial zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
南海ビルサービス(株)
Total units
43 units

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

Location & Map

Investment Analysis

Gross Yield3.55%
Est. Net Yield3.33%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.55%
Est. Net Yield
3.33%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥31,460,000+¥1,030,000¥1,500,0004.5%-2%
2yr¥31,940,000+¥2,060,000¥3,000,0009.1%1.3%
3yr¥32,420,000+¥3,100,000¥4,510,00013.6%2.4%
4yr¥32,900,000+¥4,130,000¥6,030,00018.2%2.9%
5yr¥33,400,000+¥5,160,000¥7,560,00022.8%3.2%
6yr¥33,900,000+¥6,190,000¥9,090,00027.4%3.5%
7yr¥34,410,000+¥7,230,000¥10,630,00032.1%3.6%
8yr¥34,920,000+¥8,260,000¥12,180,00036.7%3.7%
9yr¥35,450,000+¥9,290,000¥13,740,00041.4%3.8%
10yr¥35,980,000+¥10,320,000¥15,300,00046.1%3.8%

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.)
¥2,159,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,089,000
Real Estate Acquisition Tax (est., rate varies by property type)¥550,000
Registration License Tax (title transfer)¥270,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥240,000

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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