For SaleCondominium

City Tower Kanamachi

Niijuku 6-chome, Katsushika-ku, Tokyo
  • Seismic isolation
  • 20+ story building
  • Corner unit
  • 10th floor or higher
Asking Price
¥86,800,000
Est. Net Yield: 2.76%
City Tower Kanamachi - 1/5
1 / 5

Executive Summary

This property is a unit on the 35th floor of City Tower Kanamachi, a 37-story reinforced concrete base-isolated condominium built in February 2016, located in Niijuku 6-chome, Katsushika-ku, Tokyo. It offers access to Kanamachi Station on the Chiyoda/Joban Local Line and Keisei-Kanamachi Station on the Keisei Electric Railway Kanamachi Line, both a 12-minute walk away. Featuring a floor area of 76.4 sqm and a balcony area of 20.04 sqm, this 3LDK is a northeast-facing corner unit. The unit is equipped with floor heating, a garbage disposal unit, and a bathroom dryer, while the common areas provide an auto-lock system, delivery boxes, two or more elevators, front desk service, and a guest room. The land rights are ownership, and the zoning is Industrial Zone. The property is currently vacant and available for immediate handover. Nearby facilities include commercial facilities at 110 m (a 2-minute walk), medical facilities at 220 m (a 3-minute walk), and a convenience store at 550 m (a 7-minute walk).

Property Details

Building Area
76.4 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2016
Floors
Floor 35 of 37
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,870,000
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
Industrial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
住友不動産建物サービス

Utilities & nearby

Gas
City gas
To elementary school
about 1100 m
To junior high school
about 700 m

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

Location & Map

Investment Analysis

Est. Gross Yield3.3%
Est. Net Yield2.76%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
3.30%
Est. Net Yield
2.76%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥88,100,000+¥2,400,000¥3,700,0004%-2.3%
2yr¥89,420,000+¥4,790,000¥7,420,0008%0.8%
3yr¥90,760,000+¥7,190,000¥11,150,00012%1.9%
4yr¥92,130,000+¥9,590,000¥14,910,00016.1%2.4%
5yr¥93,510,000+¥11,980,000¥18,690,00020.2%2.8%
6yr¥94,910,000+¥14,380,000¥22,490,00024.3%3%
7yr¥96,330,000+¥16,780,000¥26,310,00028.4%3.1%
8yr¥97,780,000+¥19,170,000¥30,150,00032.5%3.2%
9yr¥99,250,000+¥21,570,000¥34,020,00036.7%3.3%
10yr¥100,730,000+¥23,970,000¥37,900,00040.9%3.3%

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.)
¥5,870,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥2,930,400
Real Estate Acquisition Tax (est., rate varies by property type)¥1,560,000
Registration License Tax (title transfer)¥780,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥570,000

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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