Oberu Shibuya: A Compact Investment in the Heart of Tokyo
This property is a one-room apartment located on the 6th floor of the 8-story (plus one basement) Oberu Shibuya building in the vibrant Shibuya 3-chome district. The apartment offers a compact yet functional living space with a wall-core exclusive area of 28.8 sqm (approximately 8.71 tsubo), featuring a balcony. The building itself is a sturdy SRC (steel-reinforced concrete) structure built in June 1985 and is under full delegated management with daytime management personnel.
Key financial details include an asking price of 41.8 million yen. The property is currently vacant, allowing for immediate occupancy. It presents an investment opportunity with an estimated annual rental income of 1,716,000 yen and a projected yield of 3.83%. Monthly running costs consist of a management fee of 11,400 yen and a repair reserve fund of 11,400 yen. The building has undergone an owner change. The transaction is handled by an agent.