$570,373

Park Court Jingumae

  • 2 Beds
  • 1 Baths
  • 666 Sqft
  • 3

About the Property

■ Investment Property Offering Attractive Expected Returns

■ Underfloor Heating in the Living/Dining Area


Fixed-Term Lease Agreement

Monthly Rental Income: 410,000 yen

Annual Rental Income: 4,920,000 yen

Lease Term: Through March 19, 2027

Gross Yield: Approx. 5.48%

*Rental income is not guaranteed to be received reliably in the future.

■ Investment Property Offering Attractive Expected Returns

■ Underfloor Heating in the Living/Dining Area


Fixed-Term Lease Agreement

Monthly Rental Income: 410,000 yen

Annual Rental Income: 4,920,000 yen

Lease Term: Through March 19, 2027

Gross Yield: Approx. 5.48%

*Rental income is not guaranteed to be received reliably in the future.

*The yield is calculated as the ratio of annual rental income (including common area maintenance fees, etc.) to the sales price, before deducting property taxes, public levies, and other expenses necessary to maintain the property. Furthermore, the projected rent and projected yield are calculated based on market rental rates, including rent for vacant units, and assume full occupancy.



Property Information

■Location: 1-4-20 Jingumae, Shibuya-ku, Tokyo

■Access: 6-minute walk from “Harajuku” Station on the JR Yamanote Line

7-minute walk from “Meiji-Jingumae” Station on the Tokyo Metro Chiyoda and Fukutoshin Lines

15-minute walk from “Omotesando” Station on the Tokyo Metro Ginza, Hanzomon, and Chiyoda Lines

■Land Rights: General Fixed-Term Leasehold ■Term: End of March 2061

■Security Deposit: 3,546,400 yen (included in the price)

■Zoning: Type II Medium- to High-Rise Residential Zone

■Urban Planning Area: Urbanized Area

■Exclusive Area: 61.85 m² (approx. 18.70 tsubo)

■Balcony Area: 7.82 m² (approx. 2.36 tsubo)

■Structure: Reinforced concrete construction with partial steel frame; 16 stories above ground with 3 basement levels

■Floor Level: 7th floor

■Total Units: 385

■Date Built: January 2009

■Contractor: Takenaka Corporation

■Developers: Mitsui Fudosan Residential Co., Ltd., Tokyu Land Corporation

■Management Company: Mitsui Fudosan Residential Service Co., Ltd.

■Property Manager Status: Daytime shifts / Full-service management

■Management Fee: 20,840 yen/month ■Repair Reserve Fund: 6,190 yen/month

■Land Rent: 88,660 yen/month

■ Demolition Reserve Fund: 1,930 yen/month

■ Green Space Maintenance Fee: 5,570 yen/month

Total: 123,190 yen/month

■ Current Status: Rented

■ Handover: Negotiable

■ Remarks: The sale price includes a security deposit of 3,546,400 yen.

In the event of any discrepancy between the floor plans and the actual condition of the property, the actual condition shall take precedence.

■Mode of Transaction: Brokerage.

■Last update date: [hidden information]

License Number: Minister of Land, Infrastructure, Transport and Tourism (3) No. 8544 [Member of] Real Estate Companies Association of Japan (FRK) / National Housing Industry Association

  • Property type

    Condo

  • Price/sqft

    $856

Features

Explore the Area

Shibuya, 13 150-0001, Shibuya City, Tokyo, Japan View on Google Maps
Price per sqft
Low
High

View 12 more listings in 15

List Sotheby's International Realty Japan

4.7

Joined 8 years ago
Your message
You have inquired about this property

The agent will contact you soon by

Listed by

List Sotheby's International Realty Japan
Tokyo, Japan
View agency profile
698
Listings
2019
Joined
4.7
0 reviews

Book home tour with List Sotheby's International Realty Japan

Choose a date and whether you'd like a virtual or in-person tour with the agent.

In-person tour
Preferred date
Tour type
List Sotheby's International Realty
List Sotheby's International Realty
Tokyu Toranomon Bldg. 10F, 1-21-19, Toranomon, Suite 5F, 105-5516, Minato-ku, Tokyo, Japan
View agency profile
List Sotheby’s International Realty delivers world excitement to the real estate
market. We make use of our com
List Sotheby’s International Realty delivers world excitement to the real estate
market. We make use of our community-based platform through our bases in Tokyo
and Kanagawa, and our global network that allows access to 72 countries and
regions around the world. “Sell”, “Buy”, “Lend”, “Rent”, “Build”, “Reform”. As a
window for the comprehensive real estate business, we provide one-stop service
for all housing consultations. In addition, by creating a variety of new
services, we will support the relocation that customers can feel at ease. Using
the fine-grained and speed of service that we have honed by building
relationships of trust with customers related to real estate sales, and the
abundant domestic and overseas networks of Sotheby’s International Realty®, our
professional staff will meet your needs precisely We will propose a solution.
Last updated
September 17
First listed
September 17
Listing link
Listing reference
HDZW2H
Call

Start phone call with:

Hello, I’m calling for the property with the reference HDZW2H, which I discovered on JamesEdition.

After the call, we'll provide your contacts to the agent for easy communication.