For SaleCondominium

Itabashi-ku Artessimo Deuce

Hikawa-cho, Itabashi-ku, Tokyo
Asking Price
¥30,500,000
Est. Net Yield: 3.65%
Itabashi-ku Artessimo Deuce - 1/8
1 / 8

Executive Summary

This is Itabashi-ku Artessimo Deuce, a 4-story reinforced concrete (RC) apartment building constructed in February 2019, located in Hikawa-cho, Itabashi-ku, Tokyo. Transportation is a 9-minute walk from Itabashikuyakushomae Station on the Toei Mita Line. The unit is located on the 3rd floor with a south-facing 1K layout, featuring a floor area of 25.5 sqm and a balcony area of 3.84 sqm. Building and unit facilities include an auto-lock system, a monitor-equipped intercom, a delivery box, an elevator, a bidet toilet seat, a bathroom dryer, and an air conditioner. The land right is ownership, and the zoning is Category I Residential Zone. The property is currently tenanted and sold as a change-of-owner property, with delivery timing open to consultation.

Property Details

Building Area
25.5 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
2019
Floors
Floor 3 of 4
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,220,000
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

Site area (whole building)
495.9 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
プロパティエージェント
Owners' association
Yes

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

Location & Map

Investment Analysis

Est. Gross Yield4%
Est. Net Yield3.65%

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
4.00%
Est. Net Yield
3.65%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥30,960,000+¥1,110,000¥1,570,0004.8%-1.7%
2yr¥31,420,000+¥2,230,000¥3,150,0009.7%1.6%
3yr¥31,890,000+¥3,340,000¥4,740,00014.5%2.7%
4yr¥32,370,000+¥4,460,000¥6,330,00019.4%3.2%
5yr¥32,860,000+¥5,570,000¥7,930,00024.3%3.6%
6yr¥33,350,000+¥6,690,000¥9,540,00029.2%3.8%
7yr¥33,850,000+¥7,800,000¥11,150,00034.2%3.9%
8yr¥34,360,000+¥8,920,000¥12,780,00039.2%4%
9yr¥34,870,000+¥10,030,000¥14,410,00044.2%4.1%
10yr¥35,400,000+¥11,150,000¥16,040,00049.2%4.1%

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.)
¥2,122,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,072,500
Real Estate Acquisition Tax (est., rate varies by property type)¥540,000
Registration License Tax (title transfer)¥270,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥230,000

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

Book from open times

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.

Apply online

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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