For SaleCondominium

Monteverde Tsukiji

Tsukiji 4-chome, Chuo-ku, Tokyo
Asking Price
¥33,000,000
Est. Net Yield: 2.55%
Monteverde Tsukiji - 1/1
1 / 1

Executive Summary

Monteverde Tsukiji is an 11-story steel-framed reinforced concrete (SRC) apartment building constructed in January 1981, located in Tsukiji 4-chome, Chuo-ku, Tokyo. The property has access to transportation including a 4-minute walk from Tsukiji Station on the Tokyo Metro Hibiya Line and a 7-minute walk from Tsukijishijo Station on the Toei Oedo Line. The unit is a 1R layout located on the 4th floor with a floor area of 21.6 sqm, featuring wooden flooring throughout and an air conditioner. Building amenities include an auto-lock security system and an elevator. The management is fully outsourced (day shift), and the total number of units is 77. The land rights are ownership, and the zoning is Commercial Zone. The unit is currently tenanted, and the handover timing is open for consultation.

Property Details

Building Area
21.6 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1981
Floors
Floor 4 of 11
Earthquake Std.
To be confirmed
Est. Annual Rent
¥980,000
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)
648.7 ㎡
Land rights
Freehold
Zoning
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
トーセイ・コミュニティ株式会社
Total units
77 units

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

Location & Map

Investment Analysis

Est. Gross Yield2.98%
Est. Net Yield2.55%

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
2.98%
Est. Net Yield
2.55%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥33,490,000+¥840,000¥1,340,0003.8%-2.7%
2yr¥34,000,000+¥1,680,000¥2,680,0007.6%0.6%
3yr¥34,510,000+¥2,530,000¥4,030,00011.4%1.7%
4yr¥35,020,000+¥3,370,000¥5,390,00015.3%2.2%
5yr¥35,550,000+¥4,210,000¥6,760,00019.2%2.5%
6yr¥36,080,000+¥5,050,000¥8,140,00023.1%2.7%
7yr¥36,620,000+¥5,900,000¥9,520,00027%2.9%
8yr¥37,170,000+¥6,740,000¥10,910,00030.9%3%
9yr¥37,730,000+¥7,580,000¥12,310,00034.9%3.1%
10yr¥38,300,000+¥8,420,000¥13,720,00038.9%3.1%

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.)
¥2,295,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,155,000
Real Estate Acquisition Tax (est., rate varies by property type)¥590,000
Registration License Tax (title transfer)¥290,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥250,000

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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