An investment apartment property with over 95.8% occupancy rate! （As of Dec, 2018）
Located at the foot of Mt.Daimonji where you can find the famous Philosopher's Path, Hakusasonso Garden & Museum with modern art collections from Taisho to early Showa era, as well as Kyoto University and Kyoto University of Art and Design. Why not become the owner of an apartment that stands in the middle of this culturally rich area.
At the end of the Philosopher's Path is where you can find the famous Ginkakuji Temple built by the Muromachi Shogunate "Ashikaga Yoshimasa" base on the Kinkakuji temple. On the west of the property is a small hill called "Mt. Yoshida" and Yoshida Shrine at the foot is crowded with annual events every year.
As you go to north to Imadegawa St., you will find a busy area dotted with varies traditional shops and restaurants. "Nakagashi" in particular is famous for having a Michelin 2 star. There are supermarkets and convenience stores within a 10-minute walk which makes every day life convenient for the residence of the apartment.
| Floor | Usage | Households | Estimated revenue from rent (Full capacity) |
|---|---|---|---|
| 1F | Commercial | 4 | 496,640yen |
| 2F | Residential | 7 | 291,000yen |
| 3F | 7 | 280,657yen | |
| 4F | 6 | 273,000yen | |
| 24 | 1,341,297yen（Per month）…① | ||
①×12 month＝16,095,564yen（Annual revenue from rent when all rooms are full）
*This property is mortgaged by the seller. It can only be sold to people with a Japanese bank account and can attend the closing meeting in person for smoother transaction which includes the discharge of the mortgage before officially handing the property to the buyer.
| Property Price | 260,000,000 JPY (Approx. USD *1JPY= USD) |
|---|---|
| Conditions | Old Building as Investment Property (Owner Change) |
| Location | 10 Jodojibabacho, Sakyo Ward, Kyoto |
| Transportation | Approx. 1 min. walk from city bus "Jodoji" stop |
| Approx. 27 min. walk from Keihan Railway "Demachiyanagi" station (Exit 4) | |
| Land Area | [Registered] 293.86 sqm |
| Private Street Area Included | No |
| Floor Area | [Registered] 1F: 220.55 sqm 2F: 184.88 sqm 3F: 184.88 sqm 4F: 164.36 sqm Total: 754.67 sqm |
| Building Structure | 4 Storey Reinforced Concrete Building |
| Building Date | November, 1977 |
| Size | [Commercial] 1F: 4 Households [Residential] 2F-4F: 20 Households (1DK:6 + 1K:14) |
| Adjoining Street | Street Width : 21.85m, Frontage: 22.85m, Direction: West (Approx. Number) |
| Public Utility | Electricity, Water Plumbing In/Out, City Gas |
| Land Use District | Neighborhood Commercial Districts |
| Legal Restriction | Quasi-Fire Prevent District, 15m / Category 4 Height Control Districts, Roadside Aesthetic District, Outdoor Advertisement Category 2 Roadside District, Distance View Preservation Zone (within 3km), Scenery Space Preservation Zone |
| Handover | Immediately |
| Current Situation | 1 vacant room out of 24 rooms |
| Building Coverage Ratio | 80％ |
| Floor Area Ratio | 300％ |
| Land Category | Residential Land |
| Land Tenure | Title |
| Geographical Features | Flatland |
| City Planning Act | Urbanization Promotion Area |
| Notification According to National Land Utilization Law |
Not Required |
| Elementary School | Daisan Kinrin Elementary (9 min walk/680m) |
| Junior High School | Okazaki Junior High (15min walk/1170m) |
| Remarks | ・House Network Co. Ltd. is in charge of the rental management for this property. ・The seller is not liable for any defects. ・It will not be possible to view currently occupied rooms. ・The deposits from the tenants are included in the property price and will not be passed on to the new buyer seperately. |
| Transaction Terms | Hachise as broker |
| Sales Representative | Kae Motokado |
| Information updated | March 30th, 2020 |
| Information will be updated | April 6th, 2020 |