Property Overview: Navule Yokohama Tower Residence
This is a 25th-floor unit within the Navule Yokohama Tower Residence, a 41-story reinforced concrete tower condominium located in Kanagawa-ku, Yokohama, Kanagawa Prefecture. The property offers a 2LDK layout with a floor area of 73.19 square meters and a 16.7 square meter balcony. Built in January 2007, the building was originally developed by Mitsubishi Estate and constructed by Kajima Corporation, featuring a seismic control structure and a super RC frame construction method.
The unit is currently tenanted and will be sold with the existing lease agreement to be taken over by the new owner. The annual estimated rental income at full occupancy is 3,960,000 yen, representing a gross yield of 2.2%. Please note that the yield is calculated as the ratio of annual rental income (including common area fees, etc.) to the sale price, before deduction of taxes and other necessary maintenance costs. The estimated rent and yield are based on market rent levels and assume full occupancy; rental income is not guaranteed for the future.
The property features include floor heating, a garbage disposer, a bathroom dryer, a guest room, and an auto-lock system. All rooms have flooring. Pets are allowed with consultation and subject to building rules. The residence offers a variety of shared facilities, some for a fee, including a concierge reception, a view lounge on the 26th floor, a guest room on the 27th floor, a party room, a dance studio, a community room, a wellness studio (fitness), a music studio, a spa, a Japanese-style room (tea house), and parcel delivery boxes. Security is enhanced by 24-hour staffed management and multiple auto-lock systems.
The location is a 5-minute walk from Yokohama Station, served by multiple train lines including the Tokaido Main Line, Toyoko Line, and Keikyu Main Line. The neighborhood includes a supermarket about 6 minutes away, Port Side Park about a 3-minute walk, and the Yokohama Bay Quarter shopping complex about a 1-minute walk.