For SaleCondominium

Lions Station Plaza Hanzomon

Kojimachi 1-chome, Chiyoda-ku, Tokyo
Asking Price
¥88,000,000
Est. Net Yield: 2.65%
Lions Station Plaza Hanzomon - 1/7
1 / 7

Executive Summary

Lions Station Plaza Hanzomon, located in Kojimachi 1-chome, Chiyoda-ku, Tokyo, is a 10-story steel reinforced concrete (SRC) condominium built in March 1982. Transportation access includes a 1-minute walk from Hanzomon Station on the Tokyo Metro Hanzomon Line, a 5-minute walk from Kojimachi Station on the Tokyo Metro Yurakucho Line, and a 10-minute walk from Nagatacho Station on the Tokyo Metro Namboku Line. The unit is a west-facing 2SDK on the 4th floor with a floor area of 57.9 sqm and a balcony area of 3.78 sqm, equipped with an auto-lock system and an elevator. In May 2024, renovations were completed including replacement of the unit bath, water heater, washroom, and gas stove, along with full interior renovation of the floors, walls, ceilings, and fixtures (an air conditioner cannot be installed in the service room). Land rights are ownership, and the zoning is Commercial Zone. The property is currently tenanted, and handover timing is subject to consultation. Pets and office use are prohibited, and there is no car parking, bicycle parking, or motorcycle parking.

Property Details

Building Area
57.9 ㎡
Layout
2SDK
2 bedrooms + storage room + dining kitchen
Structure
SRC
Built Year
1982
Floors
Floor 4 of 10
Earthquake Std.
To be confirmed
Est. Annual Rent
¥2,760,000
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)
828.7 ㎡
Land rights
Freehold
Zoning
Commercial zone

Costs besides the price

Parking
None

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
株式会社大京アステージ
Total units
110 units

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

Location & Map

Investment Analysis

Gross Yield3.14%
Est. Net Yield2.65%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
3.14%
Est. Net Yield
2.65%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥89,320,000+¥2,330,000¥3,650,0003.9%-2.4%
2yr¥90,660,000+¥4,660,000¥7,320,0007.8%0.7%
3yr¥92,020,000+¥7,000,000¥11,020,00011.7%1.8%
4yr¥93,400,000+¥9,330,000¥14,730,00015.7%2.3%
5yr¥94,800,000+¥11,660,000¥18,460,00019.6%2.7%
6yr¥96,220,000+¥13,990,000¥22,210,00023.6%2.9%
7yr¥97,670,000+¥16,320,000¥25,990,00027.7%3%
8yr¥99,130,000+¥18,660,000¥29,790,00031.7%3.1%
9yr¥100,620,000+¥20,990,000¥33,610,00035.8%3.2%
10yr¥102,130,000+¥23,320,000¥37,450,00039.9%3.2%

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.)
¥5,950,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,970,000
Real Estate Acquisition Tax (est., rate varies by property type)¥1,580,000
Registration License Tax (title transfer)¥790,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥580,000

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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