For SaleCondominium

High Life Nippori

Higashi-Nippori 5-chome, Arakawa-ku, Tokyo
  • Office use allowed
  • Top floor
  • Corner unit
  • 10th floor or higher
Asking Price
¥34,000,000
Est. Net Yield: 5.11%
High Life Nippori - 1/4
1 / 4

Executive Summary

This is High Life Nippori, a 10-story steel-framed reinforced concrete (SRC) condominium built in May 1977, located in Higashi-Nippori 5-chome, Arakawa-ku, Tokyo. Transit access includes a 3-minute walk from Nippori Station on the Yamanote Line, an 11-minute walk from Nishi-Nippori Station on the Yamanote Line, and a 13-minute walk from Uguisudani Station on the Yamanote Line. With a floor area of 42.2 m2 and a 1R layout, it is a north-facing corner unit located on the 10th floor. Amenities include an elevator, separate bath and toilet, indoor washing machine space, and an intercom with a monitor, and office use is permitted. Land rights are ownership, and the zoning is designated as Commercial Zone. The unit is currently tenanted, and handover timing is open for discussion. Surrounding facilities include a convenience store (1 m, 1-minute walk), a drugstore (130 m, 2-minute walk), a police box/police station (162 m, 3-minute walk), a bank (177 m, 3-minute walk), and a post office (427 m, 6-minute walk).

Property Details

Building Area
42.2 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1977
Floors
Floor 10 of 10
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,900,000
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

Other costs
特別修繕積立金: ¥10,330 per month

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
ファシリティパートナーズ
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 Yield5.59%
Est. Net Yield5.11%

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
5.59%
Est. Net Yield
5.11%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥34,510,000+¥1,740,000¥2,250,0006.2%-0.3%
2yr¥35,030,000+¥3,480,000¥4,500,00012.4%3%
3yr¥35,550,000+¥5,220,000¥6,770,00018.6%4.1%
4yr¥36,090,000+¥6,950,000¥9,040,00024.9%4.6%
5yr¥36,630,000+¥8,690,000¥11,320,00031.1%4.9%
6yr¥37,180,000+¥10,430,000¥13,610,00037.4%5.1%
7yr¥37,730,000+¥12,170,000¥15,900,00043.7%5.2%
8yr¥38,300,000+¥13,910,000¥18,210,00050.1%5.3%
9yr¥38,880,000+¥15,650,000¥20,520,00056.4%5.4%
10yr¥39,460,000+¥17,380,000¥22,840,00062.8%5.4%

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.)
¥2,358,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,188,000
Real Estate Acquisition Tax (est., rate varies by property type)¥610,000
Registration License Tax (title transfer)¥300,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥250,000

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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