For SaleCondominium

Condominium in Oyama-nishicho, Itabashi-ku

Oyama-nishicho, Itabashi-ku, Tokyo
Asking Price
¥27,800,000
Est. Net Yield: 3.31%
Condominium in Oyama-nishicho, Itabashi-ku - 1/2
1 / 2

Executive Summary

This is a reinforced concrete (RC), 5-story above-ground condominium built in February 2020, located in Oyama-nishicho, Itabashi-ku, Tokyo. Access is available via an 11-minute walk from Oyama Station on the Tobu Tojo Line, a 14-minute walk from Naka-Itabashi Station on the same line, and a 17-minute walk from Senkawa Station on the Tokyo Metro Yurakucho Line. The subject unit is on the 1st floor, with a 1DK layout and a floor area of 25.5 sqm. The building features an auto-lock system, security cameras, delivery lockers, and an elevator, while the unit is equipped with amenities such as a system kitchen, a warm-water bidet toilet seat, a bathroom dryer, and an air conditioner. The land rights are ownership, and the zoning is Category I Medium-and-High-Rise Residential Zone. The building has a total of 38 units, the management is fully outsourced (patrol), the current status is tenanted as an owner-change property, and handover timing is negotiable.

Property Details

Building Area
25.5 ㎡
Layout
1DK
1 bedroom + dining kitchen
Structure
RC
Built Year
2020
Floors
Floor 1 of 5
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,000,000
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
Category 1 mid/high-rise residential zone

Costs besides the price

Other costs
インターネット使用料: ¥1,650 per month

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社STAR合人社
Owners' association
Yes
Total units
38 units

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

Location & Map

Investment Analysis

Gross Yield3.59%
Est. Net Yield3.31%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.59%
Est. Net Yield
3.31%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥28,220,000+¥920,000¥1,340,0004.5%-2.1%
2yr¥28,640,000+¥1,840,000¥2,680,0009%1.2%
3yr¥29,070,000+¥2,760,000¥4,030,00013.5%2.3%
4yr¥29,510,000+¥3,680,000¥5,390,00018.1%2.9%
5yr¥29,950,000+¥4,600,000¥6,750,00022.7%3.2%
6yr¥30,400,000+¥5,520,000¥8,120,00027.3%3.4%
7yr¥30,850,000+¥6,440,000¥9,500,00031.9%3.6%
8yr¥31,320,000+¥7,360,000¥10,880,00036.5%3.7%
9yr¥31,790,000+¥8,280,000¥12,270,00041.2%3.7%
10yr¥32,260,000+¥9,200,000¥13,660,00045.9%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.)
¥1,963,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥983,400
Real Estate Acquisition Tax (est., rate varies by property type)¥500,000
Registration License Tax (title transfer)¥250,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥220,000

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.

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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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