Exclusive Listing · Japan

Apartment Building in Koto-ku, Tokyo Commercial Property in Minamisuna 4-chome, Japan

A recent wooden building of studio apartments, sold with its tenants in place, a nine-minute walk from a Tokyo Metro station.

Price
JPY 142.00M
Completion
Completed

Introduction

This part of eastern Tokyo is served by the Tokyo Metro Tozai Line, with a station nine minutes away on foot and Tokyo Station about 21 minutes by train. The wooden building was completed in 2018 and is made up of compact studio apartments with lofts, all of them leased according to the listing materials. The land is freehold and sits in a semi-industrial zone with generous floor area limits. It suits an investor who wants a recent, tenanted holding aimed at single occupants who commute along a single metro line.

Why This Opportunity

  • Let throughout

    The listing materials state that every unit is let, so the building is sold with tenants in place as an income-producing holding.

  • A short walk to the metro

    The station is a nine-minute walk away, and Tokyo Station is about 21 minutes by train from the nearest stop.

  • Compact studios with lofts

    Each home is a studio with a loft of roughly 10 to 15 square metres, so the tenant base is single occupants along the Tozai Line.

  • Freehold land with generous zoning

    The freehold plot sits in a semi-industrial zone with a 400 percent floor area ratio.

  • Recent wooden construction

    The building was completed in 2018, so it is a recent build rather than decades-old stock.

  • Negotiable handover

    Handover is negotiable, which leaves room to align the transfer with the tenancy cycle.

The Area

Where it is

Getting around

  • Minami-Sunamachi Station (南砂町駅)

    Train station · Tokyo Metro Tozai Line · 720 m · 9 min walk · 21 min to Tokyo Station

  • Toyocho Station (東陽町駅)

    Train station · Tokyo Metro Tozai Line · 1.5 km · 18 min walk · 17 min to Tokyo Station

  • Haneda Airport (東京国際空港)

    Airport · 20.3 km · 23 min drive

Nearby

  • Showa University Koto Toyosu Hospital (昭和大学江東豊洲病院)

    Hospital with ER · 5.0 km · 10 min drive

  • Ario Kita-Suna (アリオ北砂)

    Shopping centre · 1.4 km · 17 min walk

  • Kiba Park (木場公園)

    Park · 2.4 km · 31 min walk

Schools

  • Minamisuna Elementary School (江東区立南砂小学校)

    Public school · Primary · 790 m · 10 min walk

  • Minamisuna Junior High School (江東区立南砂中学校)

    Public school · Junior high · 670 m · 8 min walk

  • Fukagawa High School (東京都立深川高等学校)

    Public school · Upper secondary · 1.6 km · 21 min walk

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