Lucent Court Ebisu Shibuya, Tokyo
|Address||2-20-6 Ebisu, Shibuya, Tokyo|
|Total Floors||5 stories|
|Nearest station||Hiroo (7 min.)|
Currently under development, when completed this will be a 10 unit apartment building in a very attractive location for investors who wish to target the short-term rental market. It enjoys close proximity to two major lifestyle centers, local transport and offices.
Housing Japan MFA Property Management is able to help maximize returns and as the owner will control all aspects of the property, it will not be effected by the changing "AirBnB" market in central Tokyo.
Building size will be 235.05 sqm, containing 10 units (20.21sqm x5, 20.01sqm x4, 18.77sqm x1). Land size is 84.78sqm.
With Housing Japan in-house property management, we estimate a net yield of 4.83% (based on an expected 85% occupancy rate). This compares to a gross yield of 4.35% if rented out on the standard, 2 year rental basis.
Key to the property`s appeal is its location. Hiroo and Ebisu are two of the most popular lifestyle centers in Tokyo, both renowned for their excellent fine-dining, boutique shopping and entertainment. A large number of world-class hospitals, universities, schools and other amenities are in the area, and a number of Japanese and international companies, especially in IT, design and fashion, are established in the vicinity.
In addition, both stations provide excellent transport links to Roppongi, Shibuya and Shinjuku - all major downtown centers - while Ebisu has a direct link to Narita Airport and long-distance commuter trains.
For more information on this property, please contact us.