For SaleCondominium

Palm Hill Moiwa

Kawazoe 1-jo 2-chome, Minami-ku, Sapporo-shi, Hokkaido
  • Pets negotiable
Asking Price
¥11,800,000
Palm Hill Moiwa - 1/15
1 / 15

Executive Summary

This is a 6th-floor unit of a 9-story steel reinforced concrete (SRC) condominium built in September 1987, located in Kawazoe 1-jo 2-chome, Minami-ku, Sapporo-shi, Hokkaido. Transit is a 41-minute walk from Makomanai Station on the Sapporo Municipal Subway Namboku Line. The unit has a floor area of 109.5 sq m, a balcony area of 13.79 sq m, a 3LDK layout, and a south-facing orientation. Main amenities and facilities include an elevator, auto-lock system, system kitchen, air conditioning in all rooms, a kerosene stove, and a trunk room. Land rights are ownership, and the zoning is Category I Medium-and-high-rise Residential Zone. The current condition is vacant, and delivery is negotiable. Nearby facilities include a park 566 m away (8-minute walk), a kindergarten/nursery school 656 m away (9-minute walk), and a convenience store 727 m away (10-minute walk). The building is situated on elevated ground, features a tiled exterior, and has a distance of 2 m or more from adjacent buildings. Pets are subject to consultation, parking is available, and consultations are available for renovations such as changing the living room flooring, installing cold-climate air conditioning, and switching to Ryukyu tatami mats in the Japanese-style room.

Property Details

Building Area
109.5 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1987
Floors
Floor 6 of 9
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)
5,543.2 ㎡
Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
Yes · 駐車場2台分

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
太平洋興発株式会社
Owners' association
Yes

Utilities & nearby

Gas
Propane gas
To elementary school
about 1009 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
0.29%

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)
-0.8%
Net gain
¥-990,000
Gain on total investment -7.8%
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¥11,800,000+¥40,000¥-1,320,000-10.4%-10.4%
2yr¥11,800,000+¥70,000¥-1,290,000-10.1%-5.2%
3yr¥11,800,000+¥110,000¥-1,250,000-9.9%-3.4%
4yr¥11,800,000+¥150,000¥-1,210,000-9.6%-2.5%
5yr¥11,800,000+¥180,000¥-1,180,000-9.3%-1.9%
6yr¥11,800,000+¥220,000¥-1,140,000-9.0%-1.6%
7yr¥11,800,000+¥260,000¥-1,100,000-8.7%-1.3%
8yr¥11,800,000+¥290,000¥-1,070,000-8.4%-1.1%
9yr¥11,800,000+¥330,000¥-1,030,000-8.1%-0.9%
10yr¥11,800,000+¥370,000¥-990,000-7.8%-0.8%

Assumptions

  • Total investment ¥12,695,400 (price ¥11,800,000 + purchase costs ¥895,400)
  • Management fee and repair reserve: ¥520,800 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.)
¥895,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥455,400
Real Estate Acquisition Tax (est., rate varies by property type)¥210,000
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.

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