Yield 3.4%250,000,000 JPY Commercial Building in Setagaya-ku, Tokyo239 m² (2574 sqft)Property Type:Commercial BuildingGross Yield:3.36%Estimated Annual Rental Income:8,400,000 JPYDescriptionThis property is a single office building in a quiet residential area in the center of Tokyo, and is currently fully occupied.The current land value of Setagaya Ward, where this property is located, is rising, so you can earn income gains while also aiming for capital gains. (Attached image)This is a very livable area with high demand for offices, and is a recommended property.The nearest station, Shoinjinja-mae Station, is the nearest station to Kokushikan University, Kokushikan Junior and Senior High School, which have many students.The main station is about 16 minutes to Shibuya Station and about 26 minutes to Shinjuku Station.Shoinjinja-dori, near the station, has a shopping street with cafes and restaurants.The area around this street has been selected as a model project for the Tokyo Metropolitan Welfare Town Development "Special Zone" (currently: Universal Design Welfare Town Development Promotion Model Project), and various initiatives are being undertaken with the aim of creating roads that are easy for anyone to walk on, shops that are easy to enter, and friendly shopping streets that create interactions.See allShow lessProperty DetailsProperty Code: S0006873Agency Property Code : A00004LocationSetagaya, Setagaya-ku, TokyoTransportationTōkyū Setagaya Line Shōinjinja-mae Station. 2min walkFloor Size239.15 m² (2574 sqft)Floors3 floors above groundLand Size104.40 m² (1124 sqft)Land RightsOwnershipTotal Units5 UnitsYear BuiltDec, 1987StructureRCStatusRentedAvailable FromAskParking SpaceConnecting RoadsBuilding Coverage RatioFloor Area RatioCity PlanningUrbanization promotion areasLand Categoryresidential areasLand Use ZoningNeighborhood commercial districtsNational Land Use Planning ActNo notification requiredType of TransactionOpen Listing AgreementRemarkFeatures, Facilities & EquipmentOffice Use AllowedFull OccupancyMap ViewDate UpdatedApr 26, 2024Next Update ScheduleMay 9, 2024Listing provided byTowntier LLC.We are a real estate agency in Japan, and we mainly own high-quality investment properties and residential properties in Tokyo, Osaka, Aichi...Number of Units:263 PropertiesAgent Location:All over JapanService Available in English, 简体中文, 繁體中文, ไทย, 한국어, Français, Español, Português, Русский, Tiếng Việt, Bahasa Indonesia, Deutsch, Italiano, 日本語Make Inquiry