Back to results Leasehold Land for Sale in Nerima, Tokyo near Shin-Sakura-dai Station
Added 1 day ago
¥35,300,000

東京都練馬区桜台2丁目

東京都練馬区桜台2丁目

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Land for Lease in Nerima, Tokyo with Existing Old House

This property is a leasehold land plot located in Sakura-dai 2-chome, Nerima Ward, Tokyo. The land has an actual measured area of 84.01 square meters, approximately 25.41 tsubo. The site is situated on a flat terrain and fronts a public road to the west with a width of 3.2 meters and a road frontage of 13.3 meters. There is no designated position specification for the road. Please note that a setback area of 5.59 square meters is required for the land.

The property currently has an existing old house on the land. There are no building conditions attached, allowing for the possibility of rebuilding. The land is zoned as a Category 1 Low-Rise Residential Exclusive District, with a building coverage ratio of 60% and a floor area ratio of 150%. The land rights are leasehold (old law type) with a remaining lease term of 5 years and 1 month, expiring in June 2031. The monthly ground rent is 16,800 yen.

The location is convenient for public transport, with Shin-Sakura-dai Station on the Seibu Yurakucho Line just a 4-minute walk away. Sakura-dai Station on the Seibu Ikebukuro Line is a 12-minute walk, and Kotake-Mukaihara Station on the Tokyo Metro Yurakucho Line is a 14-minute walk. The property is being offered for sale with a price of 35,300,000 yen. The transaction type is a sole agency mediation.

This description was AI-generated from the original Japanese listing and may contain inaccuracies. Please verify details with the source listing.

Summary

Land size: 84 / 904sqft

Short-Term Rental (Minpaku)

Transport

HND

Haneda Airport — 24 km away

Nearest Konbini

sunkus Sunkus — 3 min walk

Internet Connectivity

Natural Hazard Assessment

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View Plans
¥35,300,000

Estimates only. Actual costs vary by property, municipality, and transaction details.

Minpaku Legality Notice

Whether short-term rental (Airbnb/minpaku) is legally permitted at this property is unknown without due diligence. Approval depends on local zoning, municipality-specific rules, fire safety compliance, and public health office licensing — a process that typically costs ¥300,000–400,000 in administrative fees.

These figures are illustrative only and do not imply short-term rental is permitted here. Note: rentals of 30+ days generally do not require minpaku licensing.

Nightly Rate
Occupancy Rate
Max operating days/year
Est. booked nights/year
Gross annual revenue
Expenses breakdown
Cleaning
Platform fees (3%)
Management (20%)
Supplies
Insurance
Utilities
Total expenses
Net annual income
Monthly equivalent

Actual revenue varies by location, property quality, season, and management. Adjust sliders to model different scenarios.

Renovation Budget
Annual Rental Income

Auto-filled from Airbnb estimate

Total Investment
Purchase price
Renovation
Transaction costs
Total investment
Annual Costs
Property tax
Insurance
Maintenance
Returns
Annual yield
Break-even
5-year return
10-year return
0 yr5101520+

Estimates only. Non-resident foreign owners are subject to a 20.42% withholding tax on Japanese rental income — enable the toggle above to model this. Actual returns depend on rental demand, management quality, renovation scope, and market conditions.

東京都練馬区桜台2丁目

東京都練馬区桜台2丁目

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