For SaleCondominium

Core Maison Kawasaki

Watarida 1-chome, Kawasaki-ku, Kawasaki-shi, Kanagawa
  • Corner unit
Asking Price
¥19,800,000
Est. Net Yield: 6.1%
Core Maison Kawasaki - 1/1
1 / 1

Executive Summary

This is a residential unit in Core Maison Kawasaki, an 11-story steel-framed reinforced concrete (SRC) condominium constructed in May 1974, located in Watarida 1-chome, Kawasaki-ku, Kawasaki-shi, Kanagawa. Accessible transportation includes Oda-Sakae Station on the Nambu Line a 14-minute walk away, Kawasaki Station on the Keihin-Tohoku and Negishi Lines an 18-minute walk away, and Keikyu Kawasaki Station on the Keikyu Main Line a 19-minute walk away. The unit is a southwest-facing corner room situated on the 8th floor, with a floor area of 44 m², a balcony area of 4.58 m², and a 1SLDK layout. Facilities include a system kitchen, water purifier, bidet toilet, reheating bath function, bathroom dryer, and air conditioner, along with an elevator in the common area. Renovation was completed in September 2026. Land rights are ownership, and the zoning is Commercial Zone and Category II Residential Zone. The property is currently vacant and available for immediate handover.

Property Details

Building Area
44.0 ㎡
Layout
1SLDK
1 bedroom + storage room + living, dining & kitchen
Structure
SRC
Built Year
1974
Floors
Floor 8 of 11
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,460,000
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
Commercial zone / Category 2 residential zone

Costs besides the price

Other costs
組合費: ¥3,500 per month
Other costs
組合活動協力金: ¥1,000 per month
Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Total units
96 units

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

Location & Map

Investment Analysis

Est. Gross Yield7.39%
Est. Net Yield6.1%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
7.39%
Est. Net Yield
6.10%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥20,100,000+¥1,210,000¥1,510,0007.1%0.4%
2yr¥20,400,000+¥2,420,000¥3,020,00014.2%3.8%
3yr¥20,700,000+¥3,630,000¥4,530,00021.4%4.9%
4yr¥21,010,000+¥4,830,000¥6,050,00028.5%5.5%
5yr¥21,330,000+¥6,040,000¥7,570,00035.7%5.8%
6yr¥21,650,000+¥7,250,000¥9,100,00042.9%6%
7yr¥21,970,000+¥8,460,000¥10,640,00050.1%6.1%
8yr¥22,300,000+¥9,670,000¥12,170,00057.4%6.2%
9yr¥22,640,000+¥10,880,000¥13,720,00064.6%6.3%
10yr¥22,980,000+¥12,090,000¥15,270,00071.9%6.3%

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.)
¥1,419,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥719,400
Real Estate Acquisition Tax (est., rate varies by property type)¥350,000
Registration License Tax (title transfer)¥170,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

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)
Inquire