For SaleCondominium

Lions Mansion Nakaiwata

Nakaiwata 5-chome, Toyohashi-shi, Aichi
  • Corner unit
  • Roof balcony
Asking Price
¥14,800,000
Lions Mansion Nakaiwata - 1/16
1 / 16

Executive Summary

This 6th-floor unit is in Lions Mansion Nakaiwata, a 10-story steel reinforced concrete (SRC) condominium built in December 1991, located in Nakaiwata 5-chome, Toyohashi-shi, Aichi. It is situated a 15-minute walk from Undo-koen-mae Station on the Toyohashi Railroad Azumada Main Line. The layout is 2LDK with a floor area of 65 sqm and a balcony area of 14.4 sqm, featuring a south-facing corner unit. It offers three-sided natural light, a roof balcony, and two balconies positioned to the north and south. The building and unit are equipped with an auto-lock system, elevator, system kitchen, dishwasher/dryer, and bath reheating function, with renovations completed in April 2026 for the washroom and interior (flooring, wall/ceiling wallpaper, etc.). Land rights are ownership. The current status is vacant, and delivery is negotiable. Nearby amenities include commercial facilities 314 m away (a 4-minute walk), a convenience store 318 m away (a 4-minute walk), and a post office 462 m away (a 6-minute walk).

Property Details

Building Area
65.0 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1991
Floors
Floor 6 of 10
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

Land rights
Freehold

Costs besides the price

Other costs
ルーフバルコニー: ¥200 per month
Parking
Yes

Building management

Management type
Self-managed
Building manager
Daytime
Owners' association
Yes

Utilities & nearby

Gas
City gas

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
2.52%

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)
1.6%
Net gain
+¥2,360,000
Gain on total investment +14.8%
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¥14,800,000+¥400,000¥-1,250,000-7.9%-7.9%
2yr¥14,800,000+¥800,000¥-850,000-5.3%-2.7%
3yr¥14,800,000+¥1,200,000¥-450,000-2.8%-1.0%
4yr¥14,800,000+¥1,600,000¥-50,000-0.3%-0.1%
5yr¥14,800,000+¥2,000,000+¥350,000+2.2%0.5%
6yr¥14,800,000+¥2,400,000+¥750,000+4.7%0.8%
7yr¥14,800,000+¥2,800,000+¥1,150,000+7.3%1.1%
8yr¥14,800,000+¥3,200,000+¥1,560,000+9.8%1.3%
9yr¥14,800,000+¥3,600,000+¥1,960,000+12.3%1.4%
10yr¥14,800,000+¥4,010,000+¥2,360,000+14.8%1.6%

Assumptions

  • Total investment ¥15,884,400 (price ¥14,800,000 + purchase costs ¥1,084,400)
  • Management fee and repair reserve: ¥298,800 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.)
¥1,084,400
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥554,400
Real Estate Acquisition Tax (est., rate varies by property type)¥260,000
Registration License Tax (title transfer)¥130,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥130,000

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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