Minami Azabu 1 Chome House
A rare opportunity to invest in a designer house that is ideally placed to take stable rental income for the mid-to-far future. Comprising of 4 contemporary bedrooms suites and common areas in a stylish building that is positioned close to both AzabuJuban - Tokyo’s finest lifestyle destination areas - with easy access to Roppongi, Aoyama Itchome and Shinjuku.
Currently operating with a Ryokan license by the current owner via a separate corporation and rated “super host” on Airbnb, the seller will become the renter providing the 4% gross yield in the form of stable rental income.
Buyers interested in purchasing the corporation that holds the ryokan license in addition to the property can be negotiated with however the asking price for both the corporation and the property will be higher than advertised above. Enquire for further details.
With the modern designer appeal of the property combined with its excellent location close to well-regarded businesses, boutique shopping, fine-dining and diverse nightlife, attracting high-value tenants is unlikely to be a problem.
The property was designed by Baqueratta Architectural Design Office. Furniture displayed in photos may vary. Viewings may only happen between guest stays and the seller is still currently operating during the sales process.
|Price / m²||¥1,413,148|
|Estimated Rent Yield:||4.00%|
|Road 1||Public, North East, 3m|
|Land Ratio||60 / 400|
|Land Category||Quasi-industrial districts|
|Building Size||176.91m² / 1903.55ft² / 53.52 tsubo|
|Total Floors||4 stories|
1-19-3 MinamiAzabu, Minato, Tokyo