For SaleCondominium

Shirokane The Sky

Shirokane 1-chome, Minato-ku, Tokyo
  • 20+ story building
  • 10th floor or higher
Asking Price
¥258,000,000
Shirokane The Sky - 1/15
1 / 15

Executive Summary

This is an 11th-floor unit in Shirokane The Sky, a 45-story reinforced concrete (RC) condominium built in February 2023, located in Shirokane 1-chome, Minato-ku, Tokyo. Access is a 3-minute walk from Shirokane-takanawa Station on the Tokyo Metro Namboku Line, an 11-minute walk from Azabu-juban Station on the same line, and a 15-minute walk from Mita Station on the Toei Asakusa Line. The unit features a north-facing 2LDK layout with a floor area of 65.1 m² and a balcony area of 7.4 m², equipped with floor heating, a garbage disposer, a dishwasher, a bathroom dryer, and built-in air conditioning, with an auto-lock system, delivery boxes, and security cameras installed in the common areas. Land rights are ownership, and the zoning consists of Commercial Zone and Quasi-Industrial Zone. The property is currently vacant and available for immediate handover. Nearby facilities include commercial facilities 23 m away (1-minute walk), a kindergarten/nursery school 23 m away (1-minute walk), a convenience store 130 m away (2-minute walk), and restaurants 312 m away (4-minute walk).

Property Details

Building Area
65.1 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2023
Floors
Floor 11 of 45
Earthquake Std.
New Seismic Standard
Transport
  • Shirokane-takanawa Station
    Tokyo Metro Namboku Line
    Walk 3 min
  • Azabu-juban Station
    Tokyo Metro Namboku Line
    Walk 11 min
  • Mita Station
    Toei Asakusa Line
    Walk 15 min
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
Commercial zone / Quasi-industrial zone

Building management

Management type
Fully outsourced
Building manager
Live-in
Total units
1247 units

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
4.28%

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)
3.5%
Net gain
+¥92,040,000
Gain on total investment +33.4%
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¥258,000,000+¥11,790,000¥-14,050,000-5.1%-5.1%
2yr¥258,000,000+¥23,580,000¥-2,260,000-0.8%-0.4%
3yr¥258,000,000+¥35,360,000+¥9,520,000+3.5%1.2%
4yr¥258,000,000+¥47,150,000+¥21,310,000+7.7%2.0%
5yr¥258,000,000+¥58,940,000+¥33,100,000+12.0%2.5%
6yr¥258,000,000+¥70,730,000+¥44,890,000+16.3%2.8%
7yr¥258,000,000+¥82,520,000+¥56,680,000+20.6%3.1%
8yr¥258,000,000+¥94,300,000+¥68,460,000+24.9%3.2%
9yr¥258,000,000+¥106,090,000+¥80,250,000+29.2%3.4%
10yr¥258,000,000+¥117,880,000+¥92,040,000+33.4%3.5%

Assumptions

  • Total investment ¥275,200,000 (price ¥258,000,000 + purchase costs ¥17,200,000)
  • Management fee and repair reserve: ¥402,540 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.)
¥17,200,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥8,580,000
Real Estate Acquisition Tax (est., rate varies by property type)¥4,640,000
Registration License Tax (title transfer)¥2,320,000
Stamp Duty (purchase agreement)¥60,000
Judicial Scrivener & Other Fees (est.)¥1,600,000

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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