White Villa Hibiya: An Investment Property in Meguro
White Villa Hibiya is a multi-unit residential building located in a quiet, low-rise residential zone in Meguro Ward, Tokyo. The property, built in April 2015, is a three-story wooden structure with a total building area of 282.02 sqm (approximately 85.31 tsubo) on a 183.7 sqm (approximately 55.56 tsubo) corner lot. The south-west facing corner location provides excellent sunlight and ventilation.
The property is configured as a mixed-use rental building with a total of eight units. The layout consists of six 1K units, one 1R unit, and one 4DK unit combined with a shop space. The owner-occupied portion (the 4DK + shop) is available for personal use. One parking space is available, subject to vehicle type restrictions.
Access is convenient, with Gakugei-daigaku Station on the Tokyu Toyoko Line a 10-minute walk away, and Toritsu-daigaku Station a 12-minute walk. Daily amenities are within easy reach, including a supermarket within a 6-minute walk (Ozeki Hibiya store) and a convenience store (Seven-Eleven) within a 3-minute walk.
As an investment, the property has an assumed annual rental income of 14,352,000 yen (based on full occupancy) against the asking price of 350,000,000 yen, yielding a projected return of 4.1%. Important agent notes clarify these figures: "The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, before deducting public charges and other expenses necessary to maintain the property. The assumed rent and assumed yield are calculated based on market rent, adding rent for vacant units and assuming full occupancy. Rental income is not guaranteed to be reliably obtained in the future. (Survey date: -)". A further note states, "The annual projected rent is the assumed rent for the entire building."
