For SaleCondominiumAkiya

Yamahana Dai-1 Heim

Minami-nijuichi-jo Nishi 8-chome, Chuo-ku, Sapporo-shi, Hokkaido
  • Top floor
  • Pets negotiable
Asking Price
¥4,000,000
Yamahana Dai-1 Heim - 1/14
1 / 14

Executive Summary

This is Yamahana Dai-1 Heim, a 4-story steel-framed reinforced concrete (SRC) apartment building built in June 1968, located in Minami-nijuichi-jo Nishi 8-chome, Chuo-ku, Sapporo-shi, Hokkaido. Transportation access is a 3-minute walk from Higashitondendori Station on the Sapporo Streetcar Line and a 3-minute walk from Konanshogakkomae Station on the same line. The unit features a floor area of 52.4 m2, a 2LK layout, is located on the 4th floor facing south, and is equipped with facilities including city gas, hot water supply, and FF heating. Land rights are ownership, and zoning consists of Category I Residential Zone and Neighborhood Commercial Zone. The current status is vacant, and handover is immediate. Surrounding facilities include a junior high school (349 m, 5-minute walk), a kindergarten/nursery school (394 m, 5-minute walk), an elementary school (425 m, 6-minute walk), commercial facilities (512 m, 7-minute walk), a post office (570 m, 8-minute walk), and a park (839 m, 11-minute walk). There is no elevator, interior repair work alone is currently underway, and the property is to be delivered as-is with equipment and fixtures requiring replacement, with exemption from liability for non-conformity of the contract.

Property Details

Building Area
52.4 ㎡
Layout
2LK
2 bedrooms + living & kitchen
Structure
SRC
Built Year
1968
Floors
Floor 4 of 4
Earthquake Std.
Old Seismic Standard
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Land rights
Freehold
Zoning
Category 1 residential zone / Neighborhood commercial zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
株式会社東急コミュニティー

Utilities & nearby

Gas
City gas
To elementary school
about 425 m
To junior high school
about 349 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
—

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)
-5.3%
Net gain
¥-2,160,000
Gain on total investment -47.9%
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¥4,000,000¥-130,000¥-960,000-21.4%-21.4%
2yr¥4,000,000¥-260,000¥-1,100,000-24.4%-12.8%
3yr¥4,000,000¥-400,000¥-1,230,000-27.3%-9.7%
4yr¥4,000,000¥-530,000¥-1,360,000-30.3%-8.2%
5yr¥4,000,000¥-660,000¥-1,490,000-33.2%-7.2%
6yr¥4,000,000¥-790,000¥-1,630,000-36.1%-6.6%
7yr¥4,000,000¥-930,000¥-1,760,000-39.1%-6.1%
8yr¥4,000,000¥-1,060,000¥-1,890,000-42.0%-5.8%
9yr¥4,000,000¥-1,190,000¥-2,020,000-45.0%-5.5%
10yr¥4,000,000¥-1,320,000¥-2,160,000-47.9%-5.3%

Assumptions

  • Total investment ¥4,501,000 (price ¥4,000,000 + purchase costs ¥501,000)
  • Management fee and repair reserve: ¥321,480 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.)
¥501,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥70,000
Registration License Tax (title transfer)¥30,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

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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