Alley Machiya in a historic Hanamachi
In recent years, the number of Machiya townhouses in Kyoto has been decreasing due to demolition and other reasons.
Why don't you become an owner of a Machiya and pass on the culture to the next generation by preserving it?
The property introduced here is an owner-change Machiya for profitable investment, currently occupied by a tenant.
The 2DK layout is just right for one or two people. Conveniently located in Higashiyama, where all the famous sights of the ancient capital are concentrated, this property is within walking distance to Gion and Pontocho, as well as the shopping area Shijo-Kawaramachi.
A "small investment property" is also a convenient option for organizing and utilizing your assets. This property is also recommended for those who want to start real estate investment to prepare for the future.
(Please note that the property is currently leased, so we are not able to show you the interior of it.)
利回り
Investment yield
※１：The yield here is calculated by dividing the expected income for one year by the property price. It is calculated based on the income BEFORE deducting taxes, public dues, and expenses necessary to maintain the said property.
※２：There is no guarantee of the annual scheduled income shown here in the future.
花街「宮川町」の歴史
History of Miyagawacho
Stone pavement outside the property
Kyoto's Representative Hanamachi
The Hanamachi (Geisha district) was formed around the precincts of Kenninji Temple, the oldest Zen Buddhism temple in Japan. In the latter half of the 16th century, Toyotomi Hideyoshi built Houkouji Temple and Fushimi Castle. While the traffic along Yamatooji Street began to increase, downtown areas started to form around in the district. The area south of Shijo on the Kamo River was called Miyagawa River because of the annual washing of the "Mikoshis" (portable shrines) of the Gion Shrine, and Miyagawa-cho was established along this river.
There are 5 Hanamachis in Kyoto: Gionkobu and Gionhigashi in front of Yasaka Shrine, Ponto-cho and Miyagawa-cho along the Kamo River, and Kamishichiken near Kitano Tenmangu Shrine.
This property is located just a stone's throw away from Miyagawa-cho, a historic Hanamachi, in a quiet alley with elegant cobblestone streets.
物件の見どころ
Point
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01.Stone pavement
The stone-paved streets lined with rows of Machiya townhouses hung with lanterns are truly Kyoto. If you listen carefully, you can almost hear the footsteps of Maiko (apprentice Geisha) walking along the cobblestone pavement.
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02.Alleyway
The lights at the foot of the street dimly illuminate a little ahead. Walking down the brightly lit alleyway, which has a somewhat floating atmosphere, you can relax and get away from the hustle and bustle of daily life.
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03.Dining-Kitchen
The dining-Kitchen is as spacious as 9.5 sqm. It is designed with a window on the upper part of the wall to allow for good lighting. If you take out the Tatami mats, you can use it as a large room with wooden flooring without problems.
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04.Japanese-style room
The Fusuma sliding door in the Japanese-style room on the 2F is decorated with a pale cherry blossom painting, giving the room a distinctly Japanese flavor. Taking advantage of its compactness, this room can be considered as a study, a workroom for teleworking, or a multi-use space where you can concentrate when you want to.
間取図
Plan
The 1F has a dining room and kitchen of approx. 9.5sqm, and the 2F has two compact private rooms that can be used as one larger room by removing the fittings.
写真
Photos
バーチャル内覧
360camera
物件概要
Details
- Property Price
- 21,800,000 JPY (Approx. USD *1JPY= USD)
※This is a currently tenanted owner-change property - Type & Conditions
- Used house (Kyomachiya/one of 3 terraced houses)
- Location
- 460-3 Shinmiyagawachodori-Matsubarasagaru Nishigomoncho, Higashiyama Ward, Kyoto
- Transportations
- approx. 4 min. walk from Keihan mainline "Kiyomizu-Gojo Sta." Exit 5
approx. 7 min. walk from Keihan mainline "Gion-Shijo Sta." Exit 1 - Land Area
- 【Registered】36.36sqm
【Actual/Tape measuerd】approx. 28.88sqm - Private Street Area Included
- approx. 7.48sqm
- Floor Area
- 【Registered】1F: 23.47sqm, 2F: 19.17sqm, Total: 42.64sqm ・with unregistered area
- Building Structure
- Two Storey Wooden House
- Building Date
- Unspecifiable ※The earliest record in the closed registry is 1890.
- Size
- 2 rooms + Dining-Kitchen
- Adjoining Street
- Street width: 0.96m～1.04m (not a street in law), Frontage: 6.83m, Direction: South (approx. number)
- Public Utility
- Electricity, Water Plumbing In/Out, City Gas
- Land Use District
- Commercial District
- Legal Restrictions
- 15m / Category 4 Height Control District, Quasi-Fire Prevent District, Old Urban Type Aesthetic District, Close View Preservation Zone, Distant View Preservation Zone, Outdoor Advertisement Category 4 Regulatory Distric (Area as stated in Advertisement Category regulation 11-1-6), City Center Bicycle Parking Development Zone, Urban Function Attraction Area, Residence Attraction Area, Established Urban Area
- Handover
- Immediately
- Current Situation
- Tenanted (in residence)
- Building Coverage Ratio
- 80%
- Floor Area Ratio
- 400%
- 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 & Junior High School
- Kaisei Elementary & Junior High School (approx. 6 min. walk/410m)
- Remarks
- ※【Current rental conditions】Monthly rent：110,000JPY, Contract duration: 3 years, Contract type: Fixed-term tenancy agreement, Contract period-end: Until 26 Jan 2026
※The lessee's deposit (such as guarantee deposit, etc.) is not included in the property price. Deposits will be passed from the seller to the buyer.
※Since the property is currently rented, viewing tour is not available inside the property.
※This property is unrebuildable. You cannot rebuild any architectural structure on this land when the existing one is demolished or collapsed.
※The seller is not liable for any defects.
※The property will be handed over as is.
※Furniture shown in the photos is not included in the property price.
※Photos taken in Aug 2020. - Transaction Terms
- Hachise as a Broker (Agent commission required when concluding contract)
- Sales Representatives
- (EN) Aya Kito / Boa Zhang
(JP) Yuki Fujihara - Information Updated
- May 29, 2023
- Information will be Updated
- June 5, 2023
