Asahi Terraced Houses

あさひ長屋

What is the "Asahi Terraced Houses"?

A project that revitalizes alleyways by connecting two dead-end alleys,
which were previously ineligible for reconstruction,
and obtaining special exemption permits
to create a new environment supportive of child-rearing.

After being left vacant for a long time following a fire,
the project involved building new terraced houses
with safety measures such as dual evacuation routes.

Facing a pedestrian-friendly alley where children can safely play,
the project aims to propose and provide a living environment
where families with children can reside in ease.

Project page in JP

Alley Revitalization

▲By sliding left and right, you can compare the photos before and after the construction.

It is said that there are approx. 4,330 dead-end alleys in Kyoto City, many of which face issues such as abandonment of residences and deterioration of buildings.

In many cases, reconstruction within these alleys is not allowed, leading to lower land and asset values. Safety and disaster prevention concerns have also been raised due to the limitations on reconstruction.

However, despite the challenges associated with dead-end alleys, they also possess certain characteristics:

・Low real estate valuation results in reduced housing burdens.
・Preservation of traditional architectural styles and historical landscapes due to the inability for reconstruction.
・Limited space allows for restricted access of cars and outsiders, making it safer for children to play.

Recognizing both the physical and human aspects of dead-end alleys, this project aims to provide an environment suitable for child-rearing families.

The property is located in a dead-end alley where reconstruction was not permitted for many years following a fire over two decades ago. However, by addressing disaster prevention concerns and obtaining "special exemption permits under Article 43, Paragraph 2, Item 2 of the Building Standards Law", it has become possible to construct 4 new terraced houses.

"Permission under Article 43, Paragraph 2, Item 2 of the Building Standards Act"

According to this provision, the site of a building must generally adjoin a road specified by the Building Standards Act by at least 2m. However, if the administrative authority determines that there are no hindrances to traffic, safety, fire prevention, and hygiene, with the approval of the Building Review Committee, buildings on sites that do not meet this requirement can be granted permission for reconstruction.

区画図

By connecting the north-south and east-west dead-end roads where originally 6 houses stood through the alleyways, land readjustment has been conducted to enable evacuation in 2 directions. Setting the buildings back significantly from their original positions allowed us to create a 3-meter-wide alleyway that is bright and spacious.
Furthermore, since this area was originally known as the "Asahi District," we named the alleyway "Asahi-Koji (alley)".
While designed as 4 terraced houses, each pillar is independently constructed, resulting in a structure with higher strength and soundproofing compared to row houses that share pillars.
On the southern side of unit D, we have provided a bicycle parking space for residents and installed parcel boxes. The alleyway is planted with "Satsuki" and "Hirado-Tsutsuji" azaleas, which bloom with beautiful red, white, and pink flowers from April to May, adding color to the alleyway.

間取図

For this project, we commissioned the design of family-friendly homes targeting households with children to the 2023 Japan Architectural Award-wining "Shigenori Uoya Architects and Associatesopen_in_new".
The first-floor was designed in two different patterns: with units A and C feature warm wooden flooring, and units B and D finished with stylish tiles. Rooms with tiles are equipped with floor heating to combat the cold in winter.
All units have front doors that can fully open, creating good ventilation and an open-plan living-dining-kitchen area that faces the alleyway.
The Shoji doors of the second-floor Tatami rooms are colored differently for each unit, allowing residents to enjoy their individuality.

We aim to revive the culture of the alleyway where neighbors watch over each other's children, just as it was said that children were raised by the community. Therefore, we are primarily seeking residents who are raising children or those who love children.
Consider this investment property as not only supporting families with children but also contributing to preserving the landscape of Kyoto.

point01

Alleys that cars cannot access and outsiders find it difficult to casually enter are ideal spaces for children to play. Furthermore, by equipping all units with monitor-equipped intercoms, we ensure security considerations, allowing residents to spend time with their children with peace of mind.
point02

Projected Monthly Rent:
Unit A & B…115,000JPY (※1)
Unit C & D…95,000JPY
To support child-bearing families, we have implemented a rent system with discounts for tenants with children. (※2)
※1 Unit A & B represent the rent after discount has been applied.
※2 After purchase, we kindly request the new owner to entrust the rental management to our company, which aligns with the concept of childcare support for the next 10 years.

point 03

Annual rental income

4,920,000 JPY

＜Rent＞410,000×12 months＝4,920,000JPY
Gross yield

4.47 ％

4,920,000JPY (Annual rental income)÷110,000,000JPY (Property price)×100＝4.47
Examples of necessary expenses

＜Management fee＞35,200×12 months＝422,400 JPY/year(managed by Hachise)
＜Fixed asset tax＞approx. 50,000JPY/year (estimated)
＜Fire insurance premium＞approx. 63,000JPY/year (Annual amount calculated from a 5-year contract plan)

※Yield is calculated based on the current rent assuming full occupancy. It does not guarantee income in the future.
※The listed expenses do not cover all necessary costs.

物件写真

Unit A

Unit B

Unit C

Unit D

バーチャルツアー

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周辺環境

Approx. a 7-minute walk from the nearest JR Sanin-mainline "Tambaguchi Station".
In the vicinity, there are essential facilities for daily life such as Supermarket Matsumoto (Gojo Store), which opens from 9 am to 10 pm, Drugstore Dacs (Gojo Store), restaurants, and hospitals, making it a popular and comfortable area to live in the city.
Just a short distance away is Umekoji Park, where various events are held on weekends, bustling with families enjoying this popular spot.
Umekoji Park also houses Japan's largest Kyoto Railway Museum, exhibiting 54 trains from steam locomotives to Shinkansen, and Japan's largest inland aquarium, the Kyoto Aquarium, which houses approx. 250 species of animals. An area with plenty of places for young children to enjoy.
The school district for this property includes Kotoku Elementary School (approx. 7-min. walk / 481m from the property) and Matsubara Junior High School (approx. 9-min. walk / 682m from the property). Both are conveniently located within a 10-minute walk for commuting.

物件概要

Property Price	110,000,000 JPY (Approx. USD *1JPY= USD)
Type & Conditions	New Build Houses (4 of 4 terraced houses / Condominium units)
Location	14-9, 14-17 Chudoji-maedacho, Shimogyo Ward, Kyoto
Transportations	approx. 7 min. walk from JR Sanin-mainline "Tambaguchi Sta."
Transportations	approx. 3 min. walk from Kyoto City Bus "Gojo-Mibugawa Stop"
Total Land Area	【Registerd】271.70sqm ※Including 90.55sqm (about 49%) alley space
Exclusive Usable Land Area	【Registered】181.15sqm
Building Floor Area	【Registered】 1F: 104.15sqm, 2F: 104.15sqm, Total: 208.3sqm
Exclusive Unit Area	【Registered】 Unit A, Unit B／1F: 26.72sqm, 2F: 26.72sqm, Total: 53.44sqm Unit C, Unit D／1F: 22.11sqm, 2F: 22.11sqm, Total: 44.22sqm
Alcove Area	Unit A: 8.34sqm, Unit B: 7.57sqm, Unit C: 8.11sqm, Unit D: 8.21sqm
Building Structure	Three Storey Wooden House (seperated unit)
Total Units	4 terraced house units
Room Floor	1F, 2F
Building Date	Jan 2024 newly built
Size	Unit A, Unit B: 2 Rooms + Living-Dining-Kitchen + Loft Unit C, Unit D: 2 Rooms + Dining-Kitchen + Loft
Car Parking / Bicycle Parking	No / Yes
Adjoining Street	Street width: 3m (private road), Frontage: 27.57m, Direction: East (approx. number)
Public Utility	Electricity, Water Plumbing In/Out, City Gas
Land Use District	Category 1 Residential District
Legal Restrictions	20m / Category 2 Height Control District, Quasi-Fire Prevent District, Urban Type Aesthetic Formation District, Close View Preservation Zone, Distant View Preservation Zone, Prior Consultation Zone, Outdoor Advertisement Category 5 Regulatory District, Urban Function Attraction Area, Residence Attraction Area, Established Urban Area
Building Confirmation Certificate Number	R04(Building Confirmation)IPEC00928
Handover	Immediately
Current Situation	Vacant
Building Coverage Ratio	60%
Floor Area Ratio	200%
Land Category	Residential Land
Geographical Features	Flatland
Land Tenure	Legal site share per unit (Title)
Notification According to National Land Utilization Law	N/A
Elementary School	Kotoku Elementary School (approx. 7 min. walk/481m)
Junior High School	Matsubara Junior High School (approx. 9 min. walk/682m)
City Planning Act	Urbanization Promotion Area
Builder	Hachise Co. Ltd.
Constructor	Kameda-Komuten Co. Ltd.
Management	Hachise Co. Ltd.
Remarks	※This property cannot be used for lodging business as stipulated in the management regulations. ※After purchase, we kindly request new owner to allow us to continue the lease management in accordance with the concept of child-rearing support for a period of 10 years. ※Due to the connected buildings, individual reconstruction is not possible. ※The previous building on the site was destroyed by fire.
Transaction Terms	Hachise as a Seller (No agent commission required)
Sale Representatives	(EN) Aya Kito / Boa Zhang / Kae Motokado / Ren Tamai (JP) Hiroyasu Fukui / Masanori Yanagiuchi
Information Updated	Apr 30, 2024
Information will be Updated	May 13, 2024