For SaleCondominium

Relia Tokyo East Residence

Okudo 2-chome, Katsushika-ku, Tokyo
Asking Price
¥20,400,000
Est. Net Yield: 3.45%
Relia Tokyo East Residence - 1/1
1 / 1

Executive Summary

Located in Okudo 2-chome, Katsushika-ku, Tokyo, Relia Tokyo East Residence is a 9-story reinforced concrete (RC) condominium built in April 2016. It is an 11-minute walk from Keisei-Tateishi Station on the Keisei Oshiage Line. The subject unit is situated on the 5th floor with a south-facing 1K layout, featuring a floor area of 19.1 m² and a balcony area of 3.03 m². Equipment includes a separate bath and toilet, a washroom, and city gas, with bicycle parking available for 200 yen per month. Land rights are ownership, and the zoning is an Industrial Zone. The property is currently occupied, delivery is negotiable, and it is being sold with tenant in place (owner change). Nearby facilities include a convenience store (114 m, 2-minute walk), a home improvement center (173 m, 3-minute walk), a supermarket (219 m, 3-minute walk), a post office (411 m, 6-minute walk), and a medical facility (523 m, 7-minute walk). IT-based explanation of important matters and electronic contracts are supported.

Property Details

Building Area
19.1 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
2016
Floors
Floor 5 of 9
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥830,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
371.9 ㎡
Land rights
Freehold
Zoning
Industrial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
NITOH建物管理株式会社
Owners' association
Yes
Total units
49 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer

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

Location & Map

Investment Analysis

Est. Gross Yield4.09%
Est. Net Yield3.45%

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
4.09%
Est. Net Yield
3.45%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥20,710,000+¥700,000¥1,010,0004.6%-2.1%
2yr¥21,020,000+¥1,410,000¥2,020,0009.3%1.3%
3yr¥21,330,000+¥2,110,000¥3,040,00013.9%2.4%
4yr¥21,650,000+¥2,810,000¥4,060,00018.6%3%
5yr¥21,980,000+¥3,510,000¥5,090,00023.3%3.3%
6yr¥22,310,000+¥4,220,000¥6,120,00028%3.5%
7yr¥22,640,000+¥4,920,000¥7,160,00032.8%3.7%
8yr¥22,980,000+¥5,620,000¥8,200,00037.5%3.8%
9yr¥23,330,000+¥6,330,000¥9,250,00042.3%3.9%
10yr¥23,680,000+¥7,030,000¥10,300,00047.1%3.9%

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.)
¥1,459,200
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥739,200
Real Estate Acquisition Tax (est., rate varies by property type)¥360,000
Registration License Tax (title transfer)¥180,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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

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)
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