For SaleCondominium

Primera Hiratsuka

Oimatsucho, Hiratsuka-shi, Kanagawa
  • Top floor
  • 10th floor or higher
  • Pets negotiable
Asking Price
¥16,000,000
Est. Net Yield: 6.66%
Primera Hiratsuka - 1/1
1 / 1

Executive Summary

This is an 11-story steel-framed reinforced concrete (SRC) apartment building constructed in November 1978, located in Oimatsucho, Hiratsuka-shi, Kanagawa. It is situated a 5-minute walk from Hiratsuka Station on the Shonan-Shinjuku Line (Takasaki-Tokaido). The unit has a floor area of 63.8㎡ with a 3LDK layout, located on the 11th floor with south-facing exposure and natural lighting from two sides. Shared facilities include an elevator and security cameras. Land rights are ownership, and the zoning is Commercial Zone. The property is currently tenanted, and delivery timing is open for consultation. In the surrounding area, there is a convenience store 232m away (a 3-minute walk), a bank 360m away (a 5-minute walk), and a commercial facility 403m away (a 6-minute walk).

Property Details

Building Area
63.8 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1978
Floors
Floor 11 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,280,000
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)
2,937.4 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社合人社計画研究所
Owners' association
Yes
Total units
137 units

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

Location & Map

Investment Analysis

Est. Gross Yield8.02%
Est. Net Yield6.66%

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
8.02%
Est. Net Yield
6.66%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥16,240,000+¥1,070,000¥1,310,0007.6%0.8%
2yr¥16,480,000+¥2,130,000¥2,610,00015.2%4.2%
3yr¥16,730,000+¥3,200,000¥3,930,00022.9%5.4%
4yr¥16,980,000+¥4,260,000¥5,240,00030.5%5.9%
5yr¥17,240,000+¥5,330,000¥6,560,00038.2%6.3%
6yr¥17,500,000+¥6,390,000¥7,890,00045.9%6.5%
7yr¥17,760,000+¥7,460,000¥9,210,00053.6%6.6%
8yr¥18,020,000+¥8,520,000¥10,550,00061.4%6.7%
9yr¥18,290,000+¥9,590,000¥11,880,00069.2%6.8%
10yr¥18,570,000+¥10,650,000¥13,220,00077%6.8%

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.)
¥1,174,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥594,000
Real Estate Acquisition Tax (est., rate varies by property type)¥280,000
Registration License Tax (title transfer)¥140,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

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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