For SaleCondominium

Dia Palace Nakano Honcho

Honcho 1-chome, Nakano-ku, Tokyo
  • Renovated October 2025 (interior)
Asking Price
¥16,900,000
Est. Net Yield: 4.95%
Dia Palace Nakano Honcho - 1/7
1 / 7

Executive Summary

This is a 1st-floor unit in Dia Palace Nakano Honcho, a 4-story reinforced concrete (RC) condominium built in March 1984, located in Honcho 1-chome, Nakano-ku, Tokyo. Transportation access is a 6-minute walk from Nakano-sakaue Station on the Toei Oedo Line and Tokyo Metro Marunouchi Line, and an 8-minute walk from Nishi-shinjuku-gochome Station on the Toei Oedo Line. It features a floor area of 17.8 sqm with a 1R layout, equipped with facilities including an indoor washing machine space, a monitor-equipped intercom, an elevator, and city gas. Renovations for the plumbing fixtures (kitchen, bathroom, and toilet) and the full interior (floors, walls, ceilings, and fixtures) were completed in October 2025. Land rights are ownership. The property is currently tenanted, and handover timing is subject to consultation. Nearby facilities include commercial facilities (234 m, 3-minute walk), a convenience store (245 m, 4-minute walk), a post office (350 m, 5-minute walk), a library (549 m, 7-minute walk), a university (641 m, 9-minute walk), and medical facilities (833 m, 11-minute walk).

Property Details

Building Area
17.8 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1984
Floors
Floor 1 of 4
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥940,000
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

Costs besides the price

Other costs
組合費: ¥600 per month

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
国土管理株式会社
Owners' association
Yes
Total units
42 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield5.56%
Est. Net Yield4.95%

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
5.56%
Est. Net Yield
4.95%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥17,150,000+¥840,000¥1,090,0006%-0.8%
2yr¥17,410,000+¥1,670,000¥2,180,00012%2.6%
3yr¥17,670,000+¥2,510,000¥3,280,00018.1%3.8%
4yr¥17,940,000+¥3,350,000¥4,380,00024.2%4.4%
5yr¥18,210,000+¥4,180,000¥5,490,00030.3%4.7%
6yr¥18,480,000+¥5,020,000¥6,600,00036.4%4.9%
7yr¥18,760,000+¥5,860,000¥7,710,00042.5%5%
8yr¥19,040,000+¥6,690,000¥8,830,00048.7%5.1%
9yr¥19,320,000+¥7,530,000¥9,950,00054.9%5.2%
10yr¥19,610,000+¥8,370,000¥11,080,00061.1%5.3%

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.)
¥1,233,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥623,700
Real Estate Acquisition Tax (est., rate varies by property type)¥300,000
Registration License Tax (title transfer)¥150,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

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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