For SaleCondominium

Lions Mita

Shiba 4-chome, Minato-ku, Tokyo
  • Office use allowed
  • Pets negotiable
Asking Price
¥22,800,000
Est. Net Yield: 4.42%
Lions Mita - 1/4
1 / 4

Executive Summary

This 8th-floor unit is located in Lions Mita, an 11-story steel-framed reinforced concrete (SRC) condominium built in April 1979 in Shiba 4-chome, Minato-ku, Tokyo. Access is a 4-minute walk from Mita Station on the Toei Asakusa Line and a 9-minute walk from Tamachi Station on the Keihin-Tohoku and Negishi Line. The property features a south-facing 1R layout with a floor area of 21.9 sqm and a balcony area of 0.8 sqm. Facilities include an auto-lock system, an elevator, air conditioning, and an indoor washing machine space, with interior renovations (flooring, walls, and ceilings) completed in July 2026. Office use is permitted, and pets are negotiable. The land rights are ownership, and the zoning is Commercial Zone. The current condition is vacant, and handover is negotiable. Nearby facilities include a convenience store 51 m away (1-minute walk), a supermarket 161 m away (3-minute walk), and an elementary school 335 m away (5-minute walk).

Property Details

Building Area
21.9 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1979
Floors
Floor 8 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,190,000
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
Commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
日本ハウズイング株式会社
Owners' association
Yes
Total units
52 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 335 m
To junior high school
about 307 m

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

Location & Map

Investment Analysis

Est. Gross Yield5.21%
Est. Net Yield4.42%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.21%
Est. Net Yield
4.42%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥23,140,000+¥1,010,000¥1,350,0005.5%-1.1%
2yr¥23,490,000+¥2,020,000¥2,710,00011.1%2.2%
3yr¥23,840,000+¥3,020,000¥4,070,00016.7%3.4%
4yr¥24,200,000+¥4,030,000¥5,430,00022.2%3.9%
5yr¥24,560,000+¥5,040,000¥6,800,00027.9%4.2%
6yr¥24,930,000+¥6,050,000¥8,180,00033.5%4.4%
7yr¥25,300,000+¥7,060,000¥9,560,00039.2%4.6%
8yr¥25,680,000+¥8,070,000¥10,950,00044.8%4.7%
9yr¥26,070,000+¥9,070,000¥12,340,00050.5%4.7%
10yr¥26,460,000+¥10,080,000¥13,740,00056.3%4.8%

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.)
¥1,618,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥818,400
Real Estate Acquisition Tax (est., rate varies by property type)¥410,000
Registration License Tax (title transfer)¥200,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥180,000

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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