For SaleCondominium

Plaire Ikegami Nibankan

Nishi-Kamata 2-chome, Ota-ku, Tokyo
Asking Price
¥14,900,000
Est. Net Yield: 2.71%
Plaire Ikegami Nibankan - 1/2
1 / 2

Executive Summary

This is a 2nd-floor unit in Plaire Ikegami Nibankan, a 4-story reinforced concrete (RC) condominium built in February 1995, located in Nishi-Kamata 2-chome, Ota-ku, Tokyo. The property is a 7-minute walk from Ikegami Station on the Tokyu Ikegami Line, a 13-minute walk from Hasunuma Station on the same line, and a 20-minute walk from Kamata Station on the Keihin-Tohoku and Negishi Lines. The floor area is 16.5 sqm, and the layout is 1K. Facilities and features include an auto-lock system, air conditioner, indoor washing machine space, storage space, and bicycle parking; the building features a tiled exterior, has a total of 21 units, and is under fully outsourced management with a resident manager. The land rights are ownership, and the zoning is Category I Residential Zone. The property is currently tenanted under a sublease contract (the sublease can be cancelled), and the handover timing is negotiable.

Property Details

Building Area
16.5 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
1995
Floors
Floor 2 of 4
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥660,000
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
Category 1 residential zone

Costs besides the price

Other costs
給湯料: ¥7,500 per month
Parking
None

Building management

Management type
Fully outsourced
Building manager
Live-in
Management company
株式会社キノシタコミュニティ
Total units
21 units

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

Location & Map

Investment Analysis

Est. Gross Yield4.41%
Est. Net Yield2.71%

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
4.41%
Est. Net Yield
2.71%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥15,120,000+¥400,000¥630,0003.9%-2.9%
2yr¥15,350,000+¥810,000¥1,260,0007.9%0.5%
3yr¥15,580,000+¥1,210,000¥1,890,00011.8%1.7%
4yr¥15,810,000+¥1,620,000¥2,530,00015.8%2.3%
5yr¥16,050,000+¥2,020,000¥3,170,00019.8%2.6%
6yr¥16,290,000+¥2,430,000¥3,820,00023.9%2.8%
7yr¥16,540,000+¥2,830,000¥4,470,00027.9%3%
8yr¥16,780,000+¥3,230,000¥5,120,00032%3.1%
9yr¥17,040,000+¥3,640,000¥5,770,00036.1%3.2%
10yr¥17,290,000+¥4,040,000¥6,430,00040.2%3.2%

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.)
¥1,087,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥557,700
Real Estate Acquisition Tax (est., rate varies by property type)¥260,000
Registration License Tax (title transfer)¥130,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥130,000

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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