Bells Minamidai: A Spacious Investment Property in Ota Ward, Tokyo

This property, known as Bells Minamidai, is a substantial detached house located in Minami-Magome 4-chome, Ota Ward, Tokyo. With a total floor area of 314.06 square meters (approximately 95 tsubo) spread over three stories, it offers significant space. The property sits on a land plot of 146.64 square meters (approximately 44.35 tsubo). It was constructed in January 1989 and features a wooden structure.

The property is currently tenanted, presenting an investment opportunity. The estimated annual rental income at full occupancy is 8,689,200 yen, which, against the asking price of 21,000,000 yen, yields a projected return of 4.1%. It is important to note the agent's remarks regarding these figures: "The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, before deducting public charges and other expenses necessary to maintain the property. Furthermore, the estimated rent and estimated yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (Survey date: -)".

The property's layout is listed as 1K. It benefits from frontage on two public roads: approximately 7.9 meters on the northeast side and approximately 4.3 meters on the southeast side. The building-to-land ratio is 80% with a floor area ratio of 200%. The area is zoned as a neighborhood commercial district within an urbanization promotion area. Access is convenient, with Toei Asakusa Line's Nishi-Magome Station an 11-minute walk away.