Apartment Building Investment Opportunity in Shibuya, Tokyo
This property is a five-story reinforced concrete apartment building located in the Yoyogi 1-chome area of Shibuya, Tokyo. The building was constructed in February 1973 and has a total floor area of 391.00 sqm (approximately 118.27 tsubo), situated on a land plot of 184.06 sqm (approximately 55.67 tsubo). The building contains 10 units and is currently fully tenanted, presenting an investment opportunity with immediate rental income.
The property is equipped with city gas, air conditioning, hot water supply, separate bath and toilet facilities, CATV infrastructure, and storage space. A manager conducts regular patrols of the premises. A notable feature is that the neighboring property is the Yamano College of Aesthetics, a beauty and hairdressing vocational school.
The location offers excellent transportation access. It is a 2-minute walk from the Odakyu Odawara Line's Minami-Shinjuku Station, a 3-minute walk from the JR Yamanote Line's Yoyogi Station, and a 7-minute walk from the Toei Oedo Line's Shinjuku Station. The land is zoned as Category II Residential District within the urbanization promotion area.