Built in 2004, City Tower Takanawa is a 35 storey building that towers over the Takanawa area, acting as the landmark building for this exclusive part of town.
Co – developed by Shimizu Kensetsu and Sumitomo Real Estate, City Tower Takanawa has been built with a European flair in the entrance, lobby and garden surrounding the building.
Available for purchase immediately, this spacious 32nd floor unit comes with very large living and dining room with a counter kitchen, 2 sink bathroom with separate toilet room and large, easy to use bedrooms.
In terms of affordability, this unit compares well with other units currently on the market. While the Minato ward average for comparable units is ¥1,835,417 per square meter, this unit is competitively priced at current asking for ¥1,457,000 per square meter.
Currently seller occupied and competitively priced, buyers interested in purchasing for investment use will find it easy to rent out. Seeing as the whole building has a total of 365 units, there are many that are rented out currently.
Estimated rent for this unit based on average rents for comparisons in the area is ¥402,000 per month.
Land pricing in the Takanawa area is promising as the year on year increase is up 3.54% from 2014 and up roughly 6% from 2010. Now that land pricing in Tokyo is recovering after the GFC, 2015 is turning into the year where price increases become more and more aggressive making now the last chance to purchase in Minato Ward before prices rise even further.
City Tower Takanawa qualifies for financing for residents of Japan, Hong Kong and Singapore. Inquire today for more details and to schedule a viewing.