For SaleCondominium

Takiyama Danchi

Takiyama 6-chome, Higashikurume-shi, Tokyo
  • Corner unit
Asking Price
¥10,800,000
Est. Net Yield: 6.67%
Takiyama Danchi - 1/5
1 / 5

Executive Summary

Located in Takiyama 6-chome, Higashikurume-shi, Tokyo, Takiyama Danchi is a 5-story reinforced concrete (RC) condominium built in June 1969 with a total of 1,400 units. It is situated a 15-minute bus ride and a 1-minute walk from the bus stop from Hana-Koganei Station on the Seibu Shinjuku Line. The unit is a southeast-facing corner room on the 2nd floor, featuring a floor area of 48㎡, a balcony area of 5.72㎡, and a 2LDK layout. Amenities include city gas, a reheating function, indoor washing machine space, and storage in all rooms, and the grounds feature an on-site park, bicycle parking, and motorcycle parking. The land right is ownership, and it is located within a land readjustment area designated as a Category I Medium-and-High-Rise Residential Zone, with no building directly in front. The property is currently leased, and immediate handover is available.

Property Details

Building Area
48.0 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1969
Floors
Floor 2 of 5
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥880,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Immediately

Land & legal restrictions

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

Costs besides the price

Parking
No space available

Building management

Management type
Self-managed
Building manager
Daytime
Owners' association
Yes
Total units
1400 units

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield8.17%
Est. Net Yield6.67%

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
8.17%
Est. Net Yield
6.67%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥10,960,000+¥720,000¥880,0007.6%0.5%
2yr¥11,130,000+¥1,440,000¥1,770,00015.2%4.1%
3yr¥11,290,000+¥2,160,000¥2,650,00022.8%5.3%
4yr¥11,460,000+¥2,880,000¥3,540,00030.5%5.9%
5yr¥11,630,000+¥3,600,000¥4,430,00038.2%6.2%
6yr¥11,810,000+¥4,320,000¥5,330,00045.8%6.4%
7yr¥11,990,000+¥5,040,000¥6,230,00053.6%6.6%
8yr¥12,170,000+¥5,760,000¥7,120,00061.3%6.7%
9yr¥12,350,000+¥6,480,000¥8,030,00069.1%6.7%
10yr¥12,530,000+¥7,200,000¥8,930,00076.9%6.8%

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.)
¥822,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥422,400
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.)¥110,000

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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