Buying Tokyo Property

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Below 4M Yen With High Yield

Hi everyone. 

Today’s listing is a high yield property in Hachioji city, Tokyo.

(Repair history)

Aug 2020: Replaced new air-con

Aug 2020: Replaced new water heating machine 

Please check the details below.

Name: Kyoritsu Reliance Hachioji 2 (共立リアイアンス八王子2)

Price: 3,250,000 Yen ※Negotiable

Address: 東京都八王子大和田3-1-8

Google map: https://goo.gl/maps/gRsjBMZKFNHyFuJ78

Access: 5 mins walk to Bus stop and 12 mins by bus to Hachioji station (八王子駅)

Structure: Reinforced Concrete

Land Rights: Freehold

Number of total units: 154

No.of Floor: 5F

Unit Floor: 2F  

 Unit Number: #2xx

Built Year: Nov 1992

Building Management/Maintenance Fee:10,300 yen/month

Type of unit: 1K

Size:  20.62 sqm 

Balcony: Need to confirm

Facing: Southeast

Occupancy: Tenanted

Rent: 40,000 yen/month 

Other: Elevator, Auto-Lock, Space for washing machine, Toilet and Bathroom separated 

(Detail of Lease contract)

Japanese female, Employed

The lease contract has started since June 1st 2017 and it is 2 years renew.

Rent guarantee company : Yes, it is included in the lease contract

※rent guarantee company is a company that guarantees the rent instead if tenant fails to pay the rent.

(Photo)

Please click the link below to see some photos of other rooms in the same apartment for your reference

https://www.mansion-note.com/mansion/1633381/images

(Room Layout)

(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!!

(My Youtube videos)

https://www.youtube.com/channel/UC8_ThMbtS3CswreSMKl_PRQ/about

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.

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