For SaleCondominium

Nice Urban Yokohama Promenade

Hiranuma 2-chome, Nishi-ku, Yokohama-shi, Kanagawa
  • Corner unit
  • Pets negotiable
Asking Price
¥24,800,000
Est. Net Yield: 3.56%
Nice Urban Yokohama Promenade - 1/15
1 / 15

Executive Summary

This 11-story SRC apartment building was built in March 1999 and is located in Hiranuma 2-chome, Nishi-ku, Yokohama-shi, Kanagawa. Transportation access includes a 3-minute walk to Tobe Station on the Keikyu Main Line, a 4-minute walk to Hiranumabashi Station on the Sagami Railway Main Line, and a 12-minute walk to Yokohama Station on the Keihin-Tohoku and Negishi Lines. The unit is a northwest-facing corner apartment on the 5th floor, featuring a 1K layout with a floor area of 34 sqm and a balcony area of 8.47 sqm. It is equipped with an auto-lock system, delivery boxes, an elevator, a system kitchen, a bathroom dryer, and a reheating function. In August 2026, plumbing/water areas and full interior renovations were conducted, along with house cleaning. Land rights are ownership, and the zoning is Neighborhood Commercial Zone. The property is currently vacant, and immediate delivery is available. Nearby facilities include a convenience store (73m, 1-minute walk), commercial facilities (205m, 3-minute walk), a post office (381m, 5-minute walk), and dining facilities (441m, 6-minute walk).

Property Details

Building Area
34.0 ㎡
Layout
1K
Studio with separate kitchen
Structure
SRC
Built Year
1999
Floors
Floor 5 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥1,020,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Neighborhood commercial zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
48 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.11%
Est. Net Yield3.56%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.11%
Est. Net Yield
3.56%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥25,170,000+¥880,000¥1,250,0004.7%-1.8%
2yr¥25,550,000+¥1,770,000¥2,510,0009.5%1.5%
3yr¥25,930,000+¥2,650,000¥3,780,00014.2%2.6%
4yr¥26,320,000+¥3,530,000¥5,050,00019%3.1%
5yr¥26,720,000+¥4,410,000¥6,330,00023.8%3.4%
6yr¥27,120,000+¥5,300,000¥7,610,00028.7%3.7%
7yr¥27,520,000+¥6,180,000¥8,900,00033.5%3.8%
8yr¥27,940,000+¥7,060,000¥10,200,00038.4%3.9%
9yr¥28,360,000+¥7,940,000¥11,500,00043.3%4%
10yr¥28,780,000+¥8,830,000¥12,810,00048.3%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.)
¥1,744,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥884,400
Real Estate Acquisition Tax (est., rate varies by property type)¥440,000
Registration License Tax (title transfer)¥220,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥190,000

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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