QUALIAPLACE Yoyogi: A New Investment Apartment Building in Shibuya

QUALIAPLACE Yoyogi is a newly constructed, four-story reinforced concrete apartment building with one basement level, located in the sought-after Yoyogi 4-chome area of Shibuya, Tokyo. Completed in October 2024, this investment property comprises eight individual 1K layout units, with unit sizes ranging from 11.72 sqm to 31.63 sqm. The total building area is 155.29 sqm (approximately 46.97 tsubo), situated on a 48.78 sqm (approximately 14.75 tsubo) plot of land.

The property offers excellent access to two major train lines. It is a 5-minute walk from Hatsudai Station on the Keio Line and a 7-minute walk from Sangubashi Station on the Odakyu Odawara Line, providing convenient transportation options for potential tenants.

As an investment, the property has an estimated annual rental income of 11,708,400 yen when fully occupied, which translates to an estimated yield of 4.3% based on the asking price of 272,000,000 yen. The agent provides important notes regarding these figures: The yield is calculated as the ratio of the annual rental income (including common area fees, etc.) to the sales price, before deducting public charges and other expenses necessary to maintain the property. Furthermore, the estimated rent and yield are calculated based on prevailing market rents, adding rent for vacant units to simulate full occupancy. It is important to note that rental income is not guaranteed to be reliably obtained in the future. (Survey date: -).

The building is currently tenanted. The land is freehold ownership, zoned as Category II Medium-to-High-Rise Residential Exclusive District within the urbanization promotion area. The building coverage ratio is 60% with a floor area ratio of 300%. The handover timing is negotiable.