For SaleCondominium

Takiyama Danchi Dai 2 Jutaku

Takiyama 2-chome, Higashikurume-shi, Tokyo
Asking Price
¥11,000,000
Est. Net Yield: 6.38%
Takiyama Danchi Dai 2 Jutaku - 1/6
1 / 6

Executive Summary

This is Takiyama Danchi Dai 2 Jutaku, a 5-story reinforced concrete condominium built in September 1970, located in Takiyama 2-chome, Higashikurume-shi, Tokyo. Transportation access is a 10-minute bus ride followed by a 2-minute walk from Hana-Koganei Station on the Seibu Shinjuku Line. It is a 3LDK layout with a floor area of 66.5 sqm and a balcony area of 8.47 sqm, located on the 2nd floor and facing southeast. Main features and equipment include a reheating function, indoor laundry space, city gas, parking, and bicycle parking. The building has a total of 720 units, and the management system is self-management with daytime staff. The land right is ownership, and the zoning is designated as Category I Medium-and-High-Rise Residential Zone. The property is currently tenanted, and handover is negotiable. The surrounding area features supermarkets, a shopping street, elementary and junior high schools, a hospital, a bank, a post office, and a city branch office.

Property Details

Building Area
66.5 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1970
Floors
Floor 2 of 5
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥900,000
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

Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Self-managed
Building manager
Daytime
Total units
720 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Gross Yield8.18%
Est. Net Yield6.38%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
8.18%
Est. Net Yield
6.38%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥11,170,000+¥700,000¥870,0007.3%0.2%
2yr¥11,330,000+¥1,400,000¥1,740,00014.7%3.8%
3yr¥11,500,000+¥2,110,000¥2,610,00022%5%
4yr¥11,670,000+¥2,810,000¥3,480,00029.4%5.6%
5yr¥11,850,000+¥3,510,000¥4,360,00036.8%5.9%
6yr¥12,030,000+¥4,210,000¥5,240,00044.3%6.2%
7yr¥12,210,000+¥4,910,000¥6,120,00051.7%6.3%
8yr¥12,390,000+¥5,620,000¥7,010,00059.2%6.4%
9yr¥12,580,000+¥6,320,000¥7,900,00066.7%6.5%
10yr¥12,770,000+¥7,020,000¥8,790,00074.2%6.5%

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.)
¥839,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥429,000
Real Estate Acquisition Tax (est., rate varies by property type)¥190,000
Registration License Tax (title transfer)¥90,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥120,000

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

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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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