For SaleCondominium

Perle Kikugaoka Nibankan

Shii 6-chome, Kokuraminami-ku, Kitakyushu-shi, Fukuoka
Asking Price
¥16,680,000
Perle Kikugaoka Nibankan - 1/4
1 / 4

Executive Summary

This is Perle Kikugaoka Nibankan, an 8-story reinforced concrete (RC) condominium built in October 1997, located in Shii 6-chome, Kokuraminami-ku, Kitakyushu-shi, Fukuoka. The subject unit is a 3LDK layout located on the 2nd floor with a floor area of 72.2 sqm, and renovation is scheduled for completion at the end of September 2026. Major amenities and equipment include an elevator, system kitchen, IH cooking heater, dishwasher, bath reheating function, warm-water bidet toilet, and monitor-equipped intercom, with city gas utility. The land right is ownership, and the zoning is designated as Category I Residential Zone. The property is currently vacant, and the handover timing is negotiable. Regarding nearby facilities, an elementary school is located 637 m away (an 8-minute walk).

Property Details

Building Area
72.2 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1997
Floors
Floor 2 of 8
Earthquake Std.
New Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
4,670.2 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Owners' association
Yes
Total units
54 units

Utilities & nearby

Gas
City gas
To elementary school
about 637 m
To junior high school
about 1271 m

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.98%
Est. Net Yield
4.23%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥16,930,000+¥710,000¥960,0005.3%-1.5%
2yr¥17,180,000+¥1,410,000¥1,920,00010.7%1.9%
3yr¥17,440,000+¥2,120,000¥2,880,00016.1%3.1%
4yr¥17,700,000+¥2,820,000¥3,850,00021.5%3.7%
5yr¥17,970,000+¥3,530,000¥4,820,00026.9%4%
6yr¥18,240,000+¥4,230,000¥5,790,00032.3%4.2%
7yr¥18,510,000+¥4,940,000¥6,770,00037.8%4.4%
8yr¥18,790,000+¥5,640,000¥7,750,00043.3%4.5%
9yr¥19,070,000+¥6,350,000¥8,740,00048.8%4.5%
10yr¥19,360,000+¥7,050,000¥9,730,00054.4%4.6%

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.)
¥1,226,440
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥616,440
Real Estate Acquisition Tax (est., rate varies by property type)¥300,000
Registration License Tax (title transfer)¥150,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

Book from open times

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.

Apply online

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)
Inquire