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Building exterior
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Building exterior

Selected images and diagrams are reproduced from the materials supplied for this listing.

3LDK
Layout
February 1986
Year Built
Approx. 1 min
To Shimura-sakaue Station (Toei Mita Line)
Tenanted
Occupancy

Property Highlights

  • A 3LDK of 72.59 sq m on the tenth floor of a 12-storey building at 2-17-7 Azusawa in Itabashi-ku, completed in February 1986
  • Shimura-sakaue Station on the Toei Mita Line approximately 1 minute on foot
  • A corner residence open on three sides, with a south-west-facing balcony of 8.24 sq m
  • Currently let on an ordinary lease to 26 August 2027 at JPY 175,000 a month plus a JPY 10,000 common-service charge — a gross yield of 4.8% on the asking price
  • Water supply works and a lift replacement were carried out in 2018 and water pipe rehabilitation in 2019; the repair reserve fund stood at over JPY 52 million as of September 2025, according to the listing material

Property Description

Castle Mansion Shimura Sakaue is a 12-storey building with one basement level, of steel-reinforced and reinforced concrete construction, at 2-17-7 Azusawa in Itabashi-ku. It was completed in February 1986 with 31 units, two of them shops, and is managed by Kokudo Shinwa under a fully outsourced contract with a visiting caretaker. This residence is a 3LDK of 72.59 sq m on the tenth floor, a corner residence open on three sides with a south-west-facing balcony of 8.24 sq m. The floor plan shows a living, dining and kitchen space, two Western-style bedrooms, a Japanese-style room, a unit bathroom, a washroom, a separate toilet and several cupboards, with bay windows on one side.

The residence is currently let on an ordinary lease from 27 August 2025 to 26 August 2027 at a monthly rent of JPY 175,000 plus a common-service charge of JPY 10,000, with a deposit of JPY 350,000. On the asking price of JPY 46,200,000 that is a gross yield of 4.8% before costs. According to the listing material, water supply works and a lift replacement were carried out in 2018 and the water pipes were rehabilitated in 2019. Because the residence is occupied, the interior cannot be viewed and no interior photographs were supplied.

Property Details

Property TypeResidential Condominium
Address2-17-7 Azusawa, Itabashi-ku, Tokyo
Nearest StationShimura-sakaue Station (Toei Mita Line)
Walking DistanceApprox. 1 min
Layout3LDK
Building Area72.59 sq m
Balcony Area8.24 sq m
Floor10th Floor
Building Height12 Storeys (1 basement)
Building StructureSRC / RC
Year BuiltFebruary 1986
Number of Units31 Units (including 2 shops)
TenureFreehold Ownership
Management FeeJPY 12,920 / month
Reserve FundJPY 15,895 / month
ManagementFully outsourced, visiting caretaker
PetsNot permitted
OccupancyTenanted (ordinary lease)
HandoverImmediate

Areas are the figures from the listing material and remain subject to verification against the register.

Location, Transit & Everyday Convenience

The building stands at 2-17-7 Azusawa in Itabashi-ku. Shimura-sakaue Station on the Toei Mita Line is approximately 1 minute on foot.

The map indicates the location of the building. Walking times above are as stated in the listing material.

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Itabashi-ku Rental, Land and Price Trends

In the At Home – Sumitomo Mitsui Trust Research Institute Mansion Rent Index for Q1 2026, the family-type index for Tokyo’s 23 wards — units of 60 to under 100 sq m, the band this 72.59 sq m residence falls into — rose approximately 12.3% year on year.

In the Reiwa 8 (2026) Official Land Price Survey, residential land in Itabashi-ku rose 8.5% on the previous year. The Ministry of Land, Infrastructure, Transport and Tourism’s Real Estate Price Index puts condominium prices in Tokyo at 234.8 for December 2025 against a 2010 average of 100 — a rise of approximately 9.6% on the same month a year earlier.

Year-on-year increases · Tokyo 23 wards, Itabashi-ku and Tokyo
+8.5%
Residential Land, Itabashi-ku
+12.3%
Rents, Family-Type Apartments
+9.6%
Condominium Prices, Tokyo

These figures describe the named ward and Tokyo as a whole, not this individual property. The rent index covers quality-adjusted contracted rents for condominium-type buildings generally, not this address; the land figure is an average across all official reference points in the ward, not an appraisal of this address; the price index is a nationwide statistical series for Tokyo. None of them guarantees future rent, value or performance.

Sources:

Important Notes

  • Information is based on the materials supplied for this listing.
  • Availability, price and property details remain subject to confirmation.
  • The residence is currently let and is offered with the tenancy in place; tenancy terms are provided on enquiry.
  • Market data does not represent the value or future performance of this individual residence.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

RE/MAX INTERFACE — International Interface Co., Ltd. Broker License: Tokyo (3) 96857. 2-26-32 Minami-Aoyama, Seizan 402, Minato-ku, Tokyo, Japan. Contact: Ken Aoki. E-mail: kenichi.aoki@i-interface.com. Mobile: +81-80-3418-4295. TEL: +81-3-6804-3455.
Type of Transaction
Brokerage
Listed by
International Interface Co., Ltd.
Tokyo Governor’s Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Kenichi Aoki
#402 Seizan, 2-26-32 Minami-aoyama, Minato-ku, Tokyo, 107-0062, Japan

Property availability, pricing, rental status and other details are subject to change without prior notice. A property may be reserved, withdrawn or sold before this website is updated. Please contact us to confirm the latest availability and obtain the current property documentation.