Villa Royal Hirakawa: A Central Tokyo Commercial Property Investment
This commercial property listing presents Villa Royal Hirakawa, a well-established building in the prestigious Chiyoda ward of Tokyo. The specific unit for sale is a compact one-room layout with a dedicated area of 25.16 square meters (approximately 7.61 tsubo). Constructed in March 1973, the building is an 11-story steel-reinforced concrete (SRC) structure with a total of 77 units. The property is currently tenanted, offering immediate rental income for an investor.
Key financial details include a monthly management fee of 7,900 yen and a repair reserve fund contribution of 7,680 yen. Additional monthly outgoings consist of insurance at 371 yen and land lease payments of 3,180 yen. There is also an annual association fee of 3,000 yen for non-residents. The land rights are based on an old-law surface right (地上権) with a remaining lease term of 5 years and 10 months, expiring in December 2031. The property is situated in a commercial zone and does not require a notification under the National Land Use Planning Act. The transaction is handled as a general intermediary listing.
