Student District Property in Tokyo


Below 8M Yen With 9% Gross Yield Property in Tokyo

Dear our important clients,

Hi. Everyone.

Today’s property I recommend is Ekkoda property in Tokyo.

Ekoda area is known for student district and very convinient area as well.

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Just 3 station from Ikebukuro (池袋) station to Ekoda (江古田) station as shown below.

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Please check it!!

Name: Grace Ekoda (グレイス江古田)

Price: 7,300,000Yen 

Address: 東京都練馬区栄恵町9-7

Google map:

Access: 3 mins walk to Ekoda station (江古田駅)

Structure: RC

Land Rights: Freehold

Number of total units: 57

No.of Floor:6F

Unit Floor: 4F  

 Unit Number: #411 ※Corner room!!

Built Year: March 1990

Building Management/Maintenance Fee: 13,200 yen/month

Type of unit: 1R

Size: 16.69 sqm (center line of wall)

Balcony size: 2.35 sqm

Occupancy: Occupied

Rent: 55,000 yen/month 

Gross yield: 9.04% 

Balcony facing: Northeast

Other: Elevator, Space for washing machine in the room

(Tenancy info)

Japanese male, 20 years old, Student of Rikkyo university

Lease contract: Started from Nov 16th 2019 until Nov 15th 2021. It is 2 years renew.

Guarantor: His father

Rent guarantee company: Yes


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(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.

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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!!

Thank you.

Gran Asset Management Inc.8/F 2-2-3 Maizuru Chuo, Fukuoka Japan 810-0073
P:(+81)92-753-9578 / F:(+81)92-753-9587
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