Condominium Chiyo

Apartments Leased

The appearance

Other

Parking lot

The appearance

The appearance to include a front road

The appearance

The appearance to include a front road

NAFCO singularity shop Iwakura shop (about 340m)

SUGI drugstore Iwakura housing complex shop (about 230m)

Price

39,800,000 JPY
Location

Toumyoan, Shimohonmachi, Iwakura-shi, Aichi > Surrounding map
Traffic

Meitetsu Inuyama Line Iwakura Station 11-minute walk
Assumed gross yield
!
※The Yield is before the subtraction of the expense necessary to maintain taxes in the ratio of annual rent per selling price (including fees for common service). In addition, I assumed total of when there are no vacancies, and the Assumed rent, assumed gross yield calculated rent of vacant rooms based on market rent price.

21.1 %
Annual no vacancies assumed rent-rate
!
※The rent does not guarantee that I am provided surely for the future.

8,404,800 yen
Current yield
!
※The Yield is before the subtraction of the expense necessary to maintain taxes in the ratio of annual rent per selling price (including fees for common service). In addition, I assumed total of when there are no vacancies, and the Assumed rent, assumed gross yield calculated rent of vacant rooms based on market rent price.

14.7 %
Annual Current rent
!
※The rent does not guarantee that I am provided surely for the future.

5,863,200 Japanese yen (date of inspection: on October 16, 2023)

State of lease

19 unit in use 13/Total Units
Property Type

Apartments
Total floor area

670.68 m²/ 7219.19 sqf
Completion

1972 November (1952 old)
Land area

432.13 m²/ 4651.44 sqf
Status

Leased
The number of the dwelling units in the building

18 houses
Range of Units Sizes

Ignorance
Representative plan

2K
Structure

Reinforced Concrete 3 stories above the ground
Stories

3 story bldg.
Parking lot

－
Land right

It is 65,000 yen until amount of ･ leased land (monthly basis) November, 2032 for a Former act Leasehold (right of lease) tenancy
Land Category

Residence
Abutting Roads

The east side: Width about 5.5m (public road)
Use Districts/Building Coverage Ratio (BCR)/Floor-Area Ratio (FAR)

Category 1 Medium-to-High-Rise Exclusive Residential District/60%/200%
City Planning

Urbanization Promotion Area
Nationwide Law Notification

No
Time of delivery

Ask
Transaction type

Brokerage
Updated on

April 18, 2025
Next Update

May 2, 2025
Remarks

Leased (Necessary to take over the rental agreement) ※13 of 19 buildings

Leased (Necessary to take over the rental agreement) ※13 of 19 buildings
●Indication/site that hangs over the Leasehold Former act Leasehold (the land rent: monthly basis 65, 000 yen)
●　Indication/site that hangs over the Leasehold Former act Leasehold (until tenancy :▲▲ annual | Reiwa ▲▲ age ▲▲ moon ▲▲ day the land rent: monthly basis ▲▲▲▲ Japanese yen) Total number of units includes other commercial units(other than dwelling units).

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