Melodia Harajuku Shibuya, Tokyo

Address 3-16-12 Sendagaya, Shibuya, Tokyo
Year Built 2011
Total Floors 3 stories
Total Units 8
Building Size 370.10m²
Land Size 178.84m²
Nearest station Kitasando (3 min. walk)

Located directly around the corner from Meiji Dori, minutes from Harajuku station, the famed Takeshita Dori shopping street and amongst a number of fashionable residences, this multi-unit building should appeal to investors with its location, earnings potential and tax depreciation. Since Harajuku station & the area around the National Stadium (both walking distance from this building) is undergoing serious re-development, the area has high potential for increasing land prices for many years after the Olympics.

The property is situated in an area that attracts a lot of young creative professionals in the IT, design and retail industries. Aside from the potential as residences for professionals, students or visitors who desire to be in the area, it can easily be adapted to SOHO needs. This property is popular for tenants as proven by being fully occupied. The current owner is Master Leasing 3 units as a company dormitory.

Aside from the Yamanote line access at Harajuku, the nearby Kitasando station is on the Fukutoshin line and offers excellent connections to the rest of Tokyo.

A partial wood-frame construction, the property would also be ideal for depreciation treatment.

The upper floor units provide a potential future upside for rental income should they be converted into Monthly Furnished Apartments.

Enquire for more information.

For more information on this property, please contact us.

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Transportation

Location

3-16-12 Sendagaya, Shibuya, Tokyo

Available Units

Sorry, there are no units currently available in this building.

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