For SaleCondominium

Higashisakura Sky Heights

Higashisakura 2-chome, Higashi-ku, Nagoya-shi, Aichi
Asking Price
¥33,900,000
Higashisakura Sky Heights - 1/2
1 / 2

Executive Summary

This is a 9th-floor unit in Higashisakura Sky Heights, a 14-story steel-framed reinforced concrete (SRC) apartment building built in April 1983, located in Higashisakura 2-chome, Higashi-ku, Nagoya-shi, Aichi. Access is a 4-minute walk from Takaoka Station on the Nagoya City Sakuradori Line, an 8-minute walk from Shinsakae-machi Station on the Nagoya City Higashiyama Line, and an 11-minute walk from Sakaemachi Station on the Meitetsu Seto Line. The layout is 3LDK facing southeast, with a floor area of 70.2 sqm and a balcony area of 10.3 sqm. Main equipment and facilities include an elevator, storage in all rooms, a warm-water bidet toilet seat, bathroom heating, two or more air conditioners, and a 24-hour ventilation system. The land rights are ownership. The current status is occupied, and delivery is negotiable. Nearby facilities include a convenience store 160m away (a 2-minute walk), an elementary school 270m away (a 4-minute walk), and a junior high school 270m away (a 4-minute walk).

Property Details

Building Area
70.2 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1983
Floors
Floor 9 of 14
Earthquake Std.
To be confirmed
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

Land rights
Freehold

Costs besides the price

Parking
No space available

Building management

Management type
Partly outsourced
Building manager
Daytime
Management company
日本総合住生活株式会社
Owners' association
Yes
Total units
106 units

Utilities & nearby

Gas
City gas
To elementary school
about 270 m
To junior high school
about 270 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
5.01%
Est. Net Yield
3.88%

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)
3.0%
Net gain
+¥10,520,000
Gain on total investment +29.0%
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¥33,900,000+¥1,410,000¥-2,140,000-5.9%-5.9%
2yr¥33,900,000+¥2,810,000¥-730,000-2.0%-1.0%
3yr¥33,900,000+¥4,220,000+¥670,000+1.9%0.6%
4yr¥33,900,000+¥5,630,000+¥2,080,000+5.7%1.5%
5yr¥33,900,000+¥7,040,000+¥3,490,000+9.6%2.0%
6yr¥33,900,000+¥8,440,000+¥4,890,000+13.5%2.3%
7yr¥33,900,000+¥9,850,000+¥6,300,000+17.4%2.6%
8yr¥33,900,000+¥11,260,000+¥7,710,000+21.3%2.8%
9yr¥33,900,000+¥12,670,000+¥9,120,000+25.1%2.9%
10yr¥33,900,000+¥14,070,000+¥10,520,000+29.0%3.0%

Assumptions

  • Total investment ¥36,254,700 (price ¥33,900,000 + purchase costs ¥2,354,700)
  • Management fee and repair reserve: ¥199,200 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.)
¥2,354,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,184,700
Real Estate Acquisition Tax (est., rate varies by property type)¥610,000
Registration License Tax (title transfer)¥300,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥250,000

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

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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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