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Nakaikegami 2-Chome Maison — the ground-floor entrance and the external stair to the upper floor
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Entrance and external stair

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

April 1995
Year Built
Approx. 10 min
To Nishi-Magome Station (Toei Asakusa Line)
Tenanted
Occupancy
6.32%
Indicative Gross Yield

Property Highlights

  • Whole freehold apartment building of two units, sold with both tenancies in place
  • Completed April 1995 — light-gauge steel frame, three storeys, 139.47 sq m of total floor area on 89.82 sq m of registered land
  • Projected annual rent of JPY 3,480,000 and an indicative gross yield of 6.32% at the asking price
  • Both units are recorded as let
  • Nishi-Magome on the Toei Asakusa Line approximately ten minutes on foot
  • South-facing main aspect, with hot water and city gas
  • Quasi-industrial zoning
  • Handover date by consultation

Property Description

Nakaikegami 2-Chome Maison is a light-gauge steel-framed apartment building of three storeys at 2-28-17 Nakaikegami in Ota Ward, completed in April 1995. It has a total floor area of 139.47 sq m on 89.82 sq m of registered land held freehold, and contains two units. The whole building is offered in a single transaction.

The building is sold with its tenancies in place. The listing material records both units as let, a projected annual rent of JPY 3,480,000 and an indicative gross yield of 6.32% against the asking price. The purchaser acquires the property subject to the existing residential tenancies and succeeds to the landlord rights and obligations at closing, subject to confirmation of the tenancy documents.

The main aspect is to the south and the building has hot water and city gas; there is no parking. The site lies in a quasi-industrial zone. The unit layouts, individual lease terms, road frontage and the building coverage and floor area ratios are not stated in the listing material and are confirmed on enquiry.

Property Details

Property TypeTenanted Apartment Building
Asking PriceJPY 55,000,000
Address2-28-17 Nakaikegami, Ota-ku, Tokyo
Nearest StationNishi-Magome Station (Toei Asakusa Line)
Walking DistanceApprox. 10 min
Number of Units2 Units
Building Area139.47 sq m (total floor area)
Land Area89.82 sq m (registered)
Building Height3 Storeys
Building StructureLight-Gauge Steel Frame
Year BuiltApril 1995
TenureFreehold Ownership
ZoningQuasi-industrial
Main AspectSouth
Building FacilitiesHot water, city gas
OccupancyCurrently Tenanted
HandoverBy consultation

Land area is the figure recorded on the public register and the floor area is from the listing material; both remain subject to verification.

Rental Income

Projected Annual Rent
JPY 3,480,000
Indicative Gross Yield
6.32%
Units
2
Occupancy
Tenanted; both units recorded as let
Built
April 1995

The annual rent and the yield are the projected figures stated in the listing material. The yield is a gross figure against the asking price and takes no account of management fees, taxes, insurance, repairs or vacancy.

The rent roll, individual lease terms, deposits and current occupancy are confirmed on enquiry and remain subject to the tenancy documents.

Location, Transit & Everyday Convenience

The building stands at 2-28-17 Nakaikegami, a residential district in Ota Ward in the south of Tokyo’s 23 wards. The listing material records Nishi-Magome Station on the Toei Asakusa Line at approximately ten minutes on foot.

Nishi-Magome is the southern terminus of the Toei Asakusa Line, which runs north through Gotanda, Shimbashi, Nihombashi and Asakusa. Journey times vary with the service and any changes, so none are stated here.

Only one station is given in the listing material. Other lines and bus routes that may be within reach, and the everyday shops and services around the address, are best confirmed on a site visit.

The map indicates the location of Nakaikegami 2-Chome Maison. Walking times above are as stated in the listing material.

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Ota Rental, Land and Price Trends

Rents for compact rental units and residential land prices in Tokyo have both been rising.

In the At Home – Sumitomo Mitsui Trust Research Institute Mansion Rent Index for Q1 2026, the single-type index for Tokyo’s 23 wards — units of 18 to under 30 sq m — stood at 133.98 against a 2009 base of 100, approximately 8.1% higher than a year earlier.

In the Reiwa 8 (2026) Official Land Price Survey, residential land in Ota Ward rose 7.9% 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, Ota Ward and Tokyo
+7.9%
Residential Land, Ota Ward
+8.1%
Rents, Single-Type Apartments
+9.6%
Condominium Prices, Tokyo

These figures describe Tokyo’s 23 wards, Ota Ward and Tokyo as a whole, not this individual property. The rent index and the price index cover condominium-type buildings rather than small apartment buildings such as this one, and neither is specific to this address; the land figure is an average across the official reference points in the ward and is not an appraisal of this site. None of them guarantees future rent, occupancy, 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 property is sold subject to existing tenancies; the rent roll and lease terms remain subject to confirmation of the tenancy documents.
  • The annual rent and the yield are the projected figures stated in the listing material. The yield is gross and takes no account of management fees, taxes, insurance, repairs or vacancy.
  • The building was completed in 1995 and is of light-gauge steel construction; structural condition, maintenance history and insurance terms warrant review.
  • Road frontage, building coverage and floor area ratios are not stated in the listing material and remain subject to verification.
  • Market data does not represent the value or future performance of this individual property.
  • Property ownership in Japan does not by itself provide visa or residency rights.

Listing & Transaction Information

Type of Transaction
Brokerage
Listed by
International Interface Co., Ltd.
Tokyo Governor's Licence (3) No. 96857
RE/MAX INTERFACE
Agent: Kenichi Aoki

Availability, price and property details remain subject to confirmation at the time of enquiry.