Pierce Nakameguro Laurel Eye: A Modern Investment Apartment in Tokyo's Trendy Nakameguro
This property is a 1LDK apartment located on the 2nd floor of the 5-story Pierce Nakameguro Laurel Eye building in the highly desirable Nakameguro 1-chome, Meguro Ward, Tokyo. The apartment offers a practical and comfortable living space with a total private area of 46.35 sqm (approximately 14.02 tsubo) and features a northwest orientation. The building was constructed in February 2012 and is a reinforced concrete structure with a total of 84 units, offering security features such as an auto-lock system and a parcel delivery box for receiving packages when residents are away.
The apartment itself is well-equipped for modern living. The living-dining area is fitted with underfloor heating, and the kitchen is a wall-mounted system kitchen designed for efficient use of space. The bathroom is a generous 1317-size unit and includes a mist sauna and a ventilation dryer. Each room in the apartment comes with built-in storage. The property is also pet-friendly, subject to consultation with the management.
This unit is currently tenanted, and the lease agreement is to be transferred to the new owner, making it an attractive investment opportunity. The current annual rental income is 3,000,000 yen (250,000 yen per month, inclusive of management fees). Based on the asking price of 112 million yen, this translates to a current yield of 2.6%. The estimated yield, calculated assuming full occupancy based on local market rates, is also 2.6%.
Important Agent Notes (Translated from Japanese): The yield percentage is the ratio of annual rental income (including common area fees, etc.) to the sale 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 portions and assuming full occupancy. Please note that rental income is not guaranteed to be reliably obtained in the future. (Survey date: as of March 22, 2026). Additional note: The property is currently tenanted (lease agreement transfer required).
The location is a major highlight, situated in the fashionable and vibrant Nakameguro area. The apartment is within a short walk of multiple train stations, including Nakameguro Station on the Tokyo Metro Hibiya Line and Tokyu Toyoko Line (6 minutes on foot), Ebisu Station (9-12 minutes), and Daikanyama Station (10 minutes). This provides excellent access to the rest of Tokyo. The area is famous for its cherry tree-lined Meguro River, which becomes a spectacular tunnel of pink blossoms every spring, drawing visitors from across Japan and around the world. It's a hub for chic cafes, boutique shops, and art galleries, offering a unique blend of urban convenience and scenic beauty.
