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Shibuya Station Multi-Family Building

Shibuya 3 chome, Shibuya-ku

For Sale

¥1,350,000,000

Est. Gross Yield (%)

2.43%

Property Description

A rare building this near Shibuya Station’s new south exit for sale.


This area is undergoing major redevelopment, including the Shibuya Sakura Stage and new high-rise commercial facilities, making it a prime location.


The property, which has received roof waterproofing and upgrades to common areas, operates stably with existing long term rentals in place but rents could be higher to AirBnB short stays and Small-Office-Home-Office rentals to increase yield.


Shibuya station, home to many IT companies including Google, is a top destination for foreign tourists who frequent Shibuya in large numbers.


The recent addition of a south exit ticket gate improves access to nearby developments.


The building's location within walking distance of the station is expecting to sustained demand and potential for both capital appreciation and income growth.


Map below is not the exact location but the general area. Exact location available upon inquiry.


*The price is w/o tax.

Property Details

Property Type

Enbloc Condo

Land Area

222.97 sqm

Structure

RC

Layout

Various

Size (sqm)

573.94 sqm

Total Floors of Bldg.

9

Year Built

2004

Total Units in Bldg.

24

Land Rights

Freehold

Parking

Subject to Availability

Bldg Coverage Ratio (%)

80%

Last Updated

12/16/24

Terms of Brokerage

Brokerage

Delivery

Negotiable

Floor Area Ratio (%)

600%

Next Scheduled Update

1/15/25

Transportation

6 mins walk from Shibuya Stn.

Property Location

Shibuya 3 chome, Shibuya-ku

Inquire

We will respond as soon as we can!

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