For SaleCondominium

Granfare Sapporo Fushimi Residential Suite

Minamijuhachijo Nishi 16-chome, Chuo-ku, Sapporo, Hokkaido
  • Pets negotiable
Asking Price
¥32,800,000
Granfare Sapporo Fushimi Residential Suite - 1/14
1 / 14

Executive Summary

This is a 5th-floor unit in Granfare Sapporo Fushimi Residential Suite, an 11-story RC condominium built in March 2011, located in Minamijuhachijo Nishi 16-chome, Chuo-ku, Sapporo, Hokkaido. It is situated a 4-minute walk from Ropeway Iriguchi Station on the Sapporo Streetcar line and a 5-minute walk from Nishisen 16-jo Station on the same line. The unit is an east-facing 2LDK layout with a floor area of 76.2 m² and a balcony area of 26.6 m², equipped with a garbage disposer, dish dryer, kitchen floor heating, bathroom heating, double-glazed windows, and other features. Common facilities include 2 or more elevators, delivery lockers, fitness facilities, a theater room, and a hot spring public bath. Land rights are ownership, and the zoning is Category II Medium-and-High-Rise Residential Zone and Neighborhood Commercial Zone. The current status is occupied, and delivery is negotiable. Nearby facilities include an elementary school (94 m, 2-minute walk), commercial facilities (234 m, 3-minute walk), a junior high school (388 m, 5-minute walk), and a bank (532 m, 7-minute walk).

Property Details

Building Area
76.2 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2011
Floors
Floor 5 of 11
Earthquake Std.
New Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
3,116.0 ㎡
Land rights
Freehold
Zoning
Category 2 mid/high-rise residential zone / Neighborhood commercial zone

Costs besides the price

Parking
Yes
Hot spring
運び湯

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
グランコミュニティ
Total units
58 units

Utilities & nearby

To elementary school
about 94 m
To junior high school
about 388 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
5.00%
Est. Net Yield
3.12%

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

If sold after 10 years (before tax)
Annual return (IRR)
2.2%
Net gain
+¥7,520,000
Gain on total investment +21.4%
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¥32,800,000+¥1,100,000¥-2,340,000-6.7%-6.7%
2yr¥32,800,000+¥2,190,000¥-1,240,000-3.5%-1.8%
3yr¥32,800,000+¥3,290,000¥-150,000-0.4%-0.1%
4yr¥32,800,000+¥4,380,000+¥950,000+2.7%0.7%
5yr¥32,800,000+¥5,480,000+¥2,040,000+5.8%1.2%
6yr¥32,800,000+¥6,580,000+¥3,140,000+9.0%1.6%
7yr¥32,800,000+¥7,670,000+¥4,240,000+12.1%1.8%
8yr¥32,800,000+¥8,770,000+¥5,330,000+15.2%2.0%
9yr¥32,800,000+¥9,860,000+¥6,430,000+18.3%2.1%
10yr¥32,800,000+¥10,960,000+¥7,520,000+21.4%2.2%

Assumptions

  • Total investment ¥35,078,400 (price ¥32,800,000 + purchase costs ¥2,278,400)
  • Management fee and repair reserve: ¥453,720 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.)
¥2,278,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,148,400
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.)¥240,000

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)
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