Commercial Property Yield 11% in Tokyo !!

Complex building of residential and commercial units!!

Hi. Everyone!!

The structure of this building is complex of Residential units and A commercial facility where is located on the 1st Floor as shown below.

Convenience stores and supermarkets are easily accessible, making it a convenient location for living.

The following property is used as rental office at  basement 1F and It is really good yield so please check the details below.

About Lions Plaza Machiya Shopping Mall

1F: kids classroom, clinic, clothing store, general store, beauty salon, osteopath, flower shop

Basement 1F: Monjyaki restaurant, Japanese style BBQ restaurant, some other restaurants, Izakaya, rental office, etc…

Name: ライオンズプラザ町屋 

Price: 23,800,000Yen 

Address: 東京都荒川区町屋3-2-1

Google map: https://goo.gl/maps/Sx2CxKW76cCEGcP8A

Access: 5 mins walk to Machine station (町屋駅)

Structure: SRC

Land Rights: Freehold

Number of total units: 180

No.of Floor: 9F

Unit Floor: Basement 1F  

 Unit Number: #B103

Built Year: Feb 1990

Building Management/Maintenance Fee: 30,890 yen/month

Type of unit: 1R

Size: 65.54 sqm (center line of wall)

Occupancy: Occupied

Rent: 220,000 yen/month 

Gross yield: 11.09% 

Other expense: equipment  fee 9,440 yen/month

(Tenancy info)

Rental Office use

Lease contract: Nov 15th 2019 until Nov 14th 2022. It is 3 years renew.

Deposit: 600,000 Yen

(Photos)

(Map)

(Calculation table)

In the calculation table, you can see the rough total cost of purchasing a property and what kind of expense you need to pay for every month.

I mentioned about our property management in the calculation table. It is 5% of rent and included rent collection, basic tax handling, complaints handling.

If you are interested in this property, please inquire me as soon as you can!!

Please click the link below to see our other listings.

I upload around 40 new listings a week so please check it!!

https://realestate.co.jp/en/real-estate-agent/details/2644

Thank you.