Modern Investment Condominium in Ebisu, Shibuya
This property is a modern condominium unit located in the prestigious Ebisu 2-chome area of Shibuya, Tokyo. The building itself is a notable 2024 Good Design Award winner, reflecting its contemporary architecture and thoughtful design. The unit is currently under a sublease agreement, generating a projected annual rental income of 1.8 million yen with a surface yield of 3.16%.
The apartment features a 1K layout with a wall-core exclusive area of 30.68 sqm (approximately 9.28 tsubo) and includes a 5.9 sqm balcony. It is situated on the 1st floor of a 6-story reinforced concrete (RC) building constructed in April 2020. The property offers excellent access to two major train lines, being a 13-minute walk from both Hiroo Station on the Tokyo Metro Hibiya Line and Ebisu Station on the Saikyo Line.
Key equipment and features translated from the agent notes include: heated toilet seat with bidet function, bath reheating function, auto bath, mist sauna, bathroom dryer, bathroom heating, washbasin with shower, system kitchen, 2-burner stove, water purifier, storage space, closet, indoor washing machine space, double-glazed windows, lighting fixtures, monitor-equipped auto-lock, monitor-equipped intercom, dimple key, 24-hour security, fire alarm (detector), city gas, water heating, and elevator. Additional monthly costs include a 250 yen garden terrace usage fee. The management is fully delegated with a daytime manager.
The Ebisu area is a vibrant and upscale district known for its sophisticated dining scene, high-end retail, and European-inspired atmosphere. An interesting fact is that the name "Ebisu" comes from the Japanese god of fishermen and luck, and the area was historically a brewery district before transforming into the fashionable hub it is today. The closest major landmark is the iconic Yebisu Garden Place, a large commercial complex featuring museums, a beer hall, and the Tokyo Metropolitan Museum of Photography.
