Investment Property in Machida, Tokyo: A Spacious RC Apartment Building

This property, named Parnassus G, is a reinforced concrete apartment building located in Honmachida, Machida City, Tokyo. The building, completed in March 1994, rises five stories above ground and contains a total of 37 residential units. The exclusive area of each unit ranges from 50.05 square meters to 56.50 square meters. The building sits on a substantial land area of 3,243.68 square meters, with a total floor area of 2,093.08 square meters.

The property is situated on a sloped plot of land facing a single public road to the northeast with a width of 4 meters. It is located in a Category 1 Low-Rise Residential Exclusive Zone within an urbanization promotion area. The building coverage ratio is 40%, and the floor area ratio is 80%. The land is designated as residential land. A setback area of 29 square meters is noted.

Utility provisions include individual propane gas, public water supply, and main sewerage. The property is subject to regulations under the City Planning Act, including designation as a Type 1 Height Control Area, a residential land development control area, and a landscape plan area. The current management company is Housemate, and this contract is to be succeeded by the new owner. The property is currently being rented out, and the delivery date is negotiable. The transaction type is a specified exclusive brokerage agreement.