For SaleCondominium

Axil Court Horikawa Imadegawa

Nishifunahashi-cho, Imadegawa-dori Omiya Higashi-iru 2-chome, Kamigyo-ku, Kyoto-shi, Kyoto
Asking Price
¥11,200,000
Est. Net Yield: 3.52%
Axil Court Horikawa Imadegawa - 1/2
1 / 2

Executive Summary

This is an 8th-floor unit in Axil Court Horikawa Imadegawa, an 11-story reinforced concrete (RC) condominium built in March 1992, located in Nishifunahashi-cho, Imadegawa-dori Omiya Higashi-iru 2-chome, Kamigyo-ku, Kyoto-shi, Kyoto. Transportation access includes a 10-minute walk from Imadegawa Station on the Kyoto Municipal Subway Karasuma Line, a 2-minute walk from Horikawa Imadegawa bus stop on the Kyoto City Bus, and a 19-minute walk from Kuramaguchi Station on the Kyoto Municipal Subway Karasuma Line. The unit features a floor area of 21.1 sqm with a 1R layout and faces north, equipped with an auto-lock system, an elevator, air conditioning, and an indoor washing machine space. Land rights are ownership, and the zoning is Commercial Zone. The property is currently tenanted, and delivery is subject to consultation. The seller is exempt from liability for non-conformity of contract, the equipment appendix is omitted, and the judicial scrivener is designated.

Property Details

Building Area
21.1 ㎡
Layout
1R
Studio
Structure
RC
Built Year
1992
Floors
Floor 8 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥600,000
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
Commercial zone

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社 合人社計画研究所

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

Location & Map

Investment Analysis

Gross Yield5.36%
Est. Net Yield3.52%

Based on the rent under the current lease.

Net yield = (annual rent − management fee and repair reserve − property management fee (5.5% of rent)) ÷ (price + purchase costs). Property tax, vacancies and repair costs are not included.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
5.36%
Est. Net Yield
3.52%
If sold after 10 years (before tax)
Annual return (IRR)
2.6%
Net gain
+¥2,940,000
Gain on total investment +24.3%
Est. Property ValueCumulative Net IncomeNet gain

If sold at the end of each year (before tax)

YearEst. Property ValueCumulative Net IncomeNet gainGain on total investmentAnnual return (IRR)
1yr¥11,200,000+¥420,000¥-890,000-7.3%-7.3%
2yr¥11,200,000+¥850,000¥-460,000-3.8%-2.0%
3yr¥11,200,000+¥1,270,000¥-40,000-0.3%-0.1%
4yr¥11,200,000+¥1,700,000+¥390,000+3.2%0.8%
5yr¥11,200,000+¥2,120,000+¥810,000+6.7%1.4%
6yr¥11,200,000+¥2,550,000+¥1,240,000+10.3%1.8%
7yr¥11,200,000+¥2,970,000+¥1,660,000+13.8%2.1%
8yr¥11,200,000+¥3,400,000+¥2,090,000+17.3%2.3%
9yr¥11,200,000+¥3,820,000+¥2,510,000+20.8%2.4%
10yr¥11,200,000+¥4,250,000+¥2,940,000+24.3%2.6%

Assumptions

  • Total investment ¥12,065,600 (price ¥11,200,000 + purchase costs ¥865,600)
  • Management fee and repair reserve: ¥142,200 per year
  • Property management fee: 5.5% of rent (incl. tax)
  • Selling costs (brokerage fee and stamp duty) are deducted from the sale price
  • Taxes (income tax on rent, tax on capital gains, etc.), vacancies, property tax and repair costs are not included

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.)
¥865,600
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥435,600
Real Estate Acquisition Tax (est., rate varies by property type)¥200,000
Registration License Tax (title transfer)¥100,000
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.

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.

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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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