For SaleCondominium

Royal Heights Nishi-Ikebukuro

Ikebukuro 2-chome, Toshima-ku, Tokyo
  • Office use allowed
  • Roof balcony
Asking Price
¥59,800,000
Est. Net Yield: 4.47%
Royal Heights Nishi-Ikebukuro - 1/9
1 / 9

Executive Summary

This 7th-floor unit is located in Royal Heights Nishi-Ikebukuro, an 8-story steel-framed reinforced concrete (SRC) condominium built in February 1981, situated in Ikebukuro 2-chome, Toshima-ku, Tokyo. Transportation access includes a 2-minute walk from Ikebukuro Station on the Tokyo Metro Fukutoshin Line and a 6-minute walk from Ikebukuro Station on the Yamanote Line. The unit features a floor area of 53㎡, a balcony area of 20㎡, a 1R layout, and includes a roof balcony. Main facilities include an elevator, air conditioner, shower room, vanity unit with shower, and free bicycle parking, and office use is permitted. Land rights are ownership, and the property is situated in a Commercial Zone. The unit is currently tenanted, and the handover timing is negotiable.

Property Details

Building Area
53.0 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1981
Floors
Floor 7 of 8
Earthquake Std.
To be confirmed
Est. Annual Rent
¥3,000,000
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

Costs besides the price

Parking
None

Building management

Management type
Partly outsourced
Building manager
Visiting
Management company
株式会社コンパックス

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

Location & Map

Investment Analysis

Gross Yield5.02%
Est. Net Yield4.47%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
5.02%
Est. Net Yield
4.47%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥60,700,000+¥2,670,000¥3,570,0005.6%-0.8%
2yr¥61,610,000+¥5,340,000¥7,150,00011.2%2.4%
3yr¥62,530,000+¥8,010,000¥10,740,00016.8%3.5%
4yr¥63,470,000+¥10,680,000¥14,350,00022.5%4%
5yr¥64,420,000+¥13,350,000¥17,980,00028.1%4.3%
6yr¥65,390,000+¥16,030,000¥21,610,00033.8%4.5%
7yr¥66,370,000+¥18,700,000¥25,260,00039.6%4.7%
8yr¥67,360,000+¥21,370,000¥28,930,00045.3%4.8%
9yr¥68,370,000+¥24,040,000¥32,610,00051.1%4.8%
10yr¥69,400,000+¥26,710,000¥36,310,00056.8%4.9%

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.)
¥4,079,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,039,400
Real Estate Acquisition Tax (est., rate varies by property type)¥1,070,000
Registration License Tax (title transfer)¥530,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥410,000

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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