For SaleCondominium

Sunny House Kiba Koen

Kiba 3-chome, Koto-ku, Tokyo
Asking Price
¥69,800,000
Est. Net Yield: 3.7%
Sunny House Kiba Koen - 1/10
1 / 10

Executive Summary

This is a 4th-floor unit in Sunny House Kiba Koen, a 12-story steel-framed reinforced concrete (SRC) condominium building constructed in February 1984, located in Kiba 3-chome, Koto-ku, Tokyo. Transportation access includes an 11-minute walk from Kiba Station on the Tokyo Metro Tozai Line, a 12-minute walk from Monzen-nakacho Station on the Toei Oedo Line, and a 12-minute walk from Kiyosumi-shirakawa Station on the Tokyo Metro Hanzomon Line. The floor area is 71.7 sqm, the balcony area is 16.13 sqm, and the layout is a south-facing 3LDK. The building is equipped with an elevator and delivery lockers, and unit amenities include storage in all rooms, a shoes-in closet, and an indoor washing machine space. Land rights are ownership, and the zoning is Quasi-Industrial Zone. The management format is fully outsourced with a daily shift, the current condition is vacant, and handover is negotiable.

Property Details

Building Area
71.7 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1984
Floors
Floor 4 of 12
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,860,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Quasi-industrial zone

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
大和ライフネクスト株式会社
Owners' association
Yes

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.09%
Est. Net Yield3.7%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.09%
Est. Net Yield
3.70%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥70,850,000+¥2,580,000¥3,630,0004.9%-1.5%
2yr¥71,910,000+¥5,160,000¥7,270,0009.8%1.7%
3yr¥72,990,000+¥7,740,000¥10,930,00014.7%2.8%
4yr¥74,080,000+¥10,320,000¥14,610,00019.6%3.3%
5yr¥75,190,000+¥12,900,000¥18,300,00024.5%3.6%
6yr¥76,320,000+¥15,490,000¥22,010,00029.5%3.8%
7yr¥77,470,000+¥18,070,000¥25,730,00034.5%4%
8yr¥78,630,000+¥20,650,000¥29,480,00039.5%4.1%
9yr¥79,810,000+¥23,230,000¥33,240,00044.6%4.1%
10yr¥81,010,000+¥25,810,000¥37,020,00049.7%4.2%

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.)
¥4,739,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,369,400
Real Estate Acquisition Tax (est., rate varies by property type)¥1,250,000
Registration License Tax (title transfer)¥620,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥470,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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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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