For SaleCondominium

Toa Shintomi Mansion

Shintomi 1-chome, Chuo-ku, Tokyo
  • Office use allowed
  • Roof balcony
Asking Price
¥46,800,000
Est. Net Yield: 2.44%
Toa Shintomi Mansion - 1/1
1 / 1

Executive Summary

This is a 3rd-floor unit in Toa Shintomi Mansion, an 11-story reinforced concrete (RC) building constructed in April 1979, located in Shintomi 1-chome, Chuo-ku, Tokyo. It is located a 3-minute walk from Shintomicho Station on the Tokyo Metro Yurakucho Line, a 6-minute walk from Takaracho Station on the Toei Asakusa Line, and a 7-minute walk from Hatchobori Station on the Tokyo Metro Hibiya Line. The southeast-facing unit has a 2K layout with a floor area of 40.3 m², a balcony area of 10 m², and includes a roof balcony. Building equipment includes an auto-lock system, an elevator, and delivery boxes. Land rights are ownership, and the zoning is Commercial Zone. It is currently leased as an office, allows office use, and handover timing is open to consultation. Nearby facilities include a convenience store (78 m, 1-minute walk), a post office (164 m, 3-minute walk), and a bank (243 m, 4-minute walk). Pets are not permitted.

Property Details

Building Area
40.3 ㎡
Layout
2K
2 bedrooms + kitchen
Structure
RC
Built Year
1979
Floors
Floor 3 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,460,000
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
Fully outsourced
Building manager
Daytime
Management company
南海ビルサービス株式会社
Total units
99 units

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

Location & Map

Investment Analysis

Gross Yield3.12%
Est. Net Yield2.44%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.12%
Est. Net Yield
2.44%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥47,500,000+¥1,140,000¥1,850,0003.7%-2.7%
2yr¥48,210,000+¥2,290,000¥3,700,0007.4%0.5%
3yr¥48,940,000+¥3,430,000¥5,570,00011.1%1.6%
4yr¥49,670,000+¥4,570,000¥7,450,00014.9%2.1%
5yr¥50,420,000+¥5,720,000¥9,330,00018.7%2.4%
6yr¥51,170,000+¥6,860,000¥11,230,00022.5%2.6%
7yr¥51,940,000+¥8,000,000¥13,140,00026.3%2.8%
8yr¥52,720,000+¥9,150,000¥15,070,00030.1%2.9%
9yr¥53,510,000+¥10,290,000¥17,000,00034%3%
10yr¥54,310,000+¥11,430,000¥18,950,00037.9%3%

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.)
¥3,210,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,610,400
Real Estate Acquisition Tax (est., rate varies by property type)¥840,000
Registration License Tax (title transfer)¥420,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥330,000

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