Exclusive Listing · Japan
Apartment Building in Itabashi-ku, Tokyo Commercial Property in Itabashi 4-chome, Japan
Five-storey freehold apartment block with a documented repair record, close to two rail lines
- Price
- JPY 170.00M
- Completion
- Completed
Introduction
This is a whole residential building in northern Tokyo, offered to a buyer as a single investment. It has five storeys of reinforced concrete from the early 1980s, with a brick-faced facade, a balcony on each upper-floor apartment and an arched entrance at pavement level. Two rail operators are within a short walk, which suits a block let to commuters, and the plot is zoned residential within an urbanisation promotion area. The total floor area is about 310 sq m on a freehold plot, with nearly all apartments let and recorded maintenance including roof waterproofing and an exterior-wall repair in 2019. It suits an investor wanting an occupied building that can be assessed from the rent roll and repair history.
Why This Opportunity
Whole building under one title
A single freehold plot carries every apartment, so a buyer controls the entire asset rather than one unit within a shared scheme.
Two rail lines within a short walk
Stations on two different operators are within a few minutes on foot, giving tenants a choice of routes.
Tenants already in place
Nearly all apartments are let at the point of sale, so the building passes to a new owner as an operating property rather than an empty block.
Documented repair history
The water pump and roof waterproofing were replaced in 2018 and the exterior walls were repaired on a large scale in 2019. That is useful evidence for a building completed in 1980.
Generous floor area ratio
A 300% floor area ratio and residential zoning set out what the plot allows, with building coverage of 60%.
Consistent layout on the upper floors
Most apartments are 2DK units of similar size, which keeps the letting offer simple.
The Area
Where it is
Getting around
Shin-Itabashi Station (新板橋駅)
Train station · Toei Mita Line · 320 m · 4 min walk · 28 min to Tokyo Station
Itabashi Station (板橋駅)
Train station · JR Saikyo Line · 720 m · 9 min walk · 9 min to Shinjuku Station
Haneda Airport (東京国際空港)
Airport · 30.7 km · 33 min drive
Nearby
Teikyo University Hospital (帝京大学医学部附属病院)
Hospital with emergency centre · 1.3 km · 17 min walk
Nihon University Itabashi Hospital (日本大学医学部附属板橋病院)
Hospital with emergency centre · 3.6 km · 6 min drive
Johoku Central Park (城北中央公園)
Park · 5.8 km · 9 min drive
Schools
Itabashi Daiyon Elementary School (板橋区立板橋第四小学校)
Public elementary school · Primary · 340 m · 5 min walk
Itabashi Daigo Junior High School (板橋区立板橋第五中学校)
Public junior high school · Lower secondary · 350 m · 5 min walk
Tokyo Metropolitan Kita-en High School (東京都立北園高等学校)
Public high school · Upper secondary · 410 m · 5 min walk
Continue Exploring
More private opportunities across the network.
Other Properties
Figures are indicative and subject to change. Regulations, taxes and market conditions vary by jurisdiction. Do your own due diligence and seek independent legal and financial advice.