Gran+ Nishi-nippori Arakawa, Tokyo

A mixed use office-residential building in the north part of Tokyo, just 2 minutes walk from Nishi-Nippori station on the Yamanote Line and in the middle of a populous residential and business district.

The area is traditionally seen as “old-Tokyo” but aside from the large number of local residents, it will also benefit from a major new redevelopment that is to be completed in the next few years.

Other lines into the local station connect to the densely populated satellite towns in Saitama, from where a large number of Tokyo`s employees live and play.

Further, the area is also close to Ueno, North-Tokyo`s largest cultural and commercial destination, with a very large hub station.

A recent renovation has transformed the internal rooms in to stylish, designer units that will hold appeal for residential tenants, while businesses will be attracted by its proximity to the station. 

Currently fully tenanted, the owner desires to sell by February, so price is negotiable and could raise investment yield by a considerable amount.