Park Homes Minami-Azabu The Residence: A Modern Apartment in a Quiet Residential Area
This property is a mid-market condominium located in Minami-Azabu 2-chome, Minato Ward, Tokyo. The apartment is situated on the 12th floor of a 14-story reinforced concrete building constructed in September 2013. The layout is a 2LDK with a dedicated area of 57.60 square meters (approximately 17.42 tsubo) and includes an 11.21 square meter balcony facing west.
The building offers comprehensive facilities including city gas, an elevator, a parcel delivery box, a bathroom dryer, an indoor laundry machine space, a dishwasher/dryer, a garbage disposal unit, a water purifier, a walk-in closet, an auto-lock security system, a monitor-equipped auto-lock, and a TV monitor intercom.
Special notes indicate that pets and musical instruments are negotiable (subject to consultation). The property is located in a quiet residential neighborhood with a daytime-only building manager.
A critical remark explains that this is a condominium with a fixed-term land leasehold. The sale price of 109.8 million yen includes the ownership rights, the fixed-term land leasehold right, and a settlement amount for the unexpired portion of prepaid rent (total prepaid rent was 9,168,300 yen). Therefore, the buyer is not required to make any additional settlement payments for this prepaid rent. Please note that separate from the sale price, other costs related to the property purchase will occur, such as real estate acquisition tax and registration license tax. For details, please contact the agent.
The monthly fees include a management fee of 16,420 yen and a repair reserve fund of 8,930 yen. There is also a monthly demolition reserve fund of 6,050 yen. The building has a total of 336 units. The land lease period is 50 years, ending on September 14, 2064, with a monthly land rent of 10,830 yen.
Transportation access is convenient, with the Tokyo Metro Namboku Line and Toei Oedo Line's "Azabu-Juban" station a 7-minute walk away, and the Toei Mita Line's "Shirokane-Takanawa" station a 9-minute walk away.
