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Condominium Unit (Investment Property)

JR Yamanote Line, Harajuku Station, 10-minute walk; income property facing Meiji Street in Jingumae, Shibuya Ward; gross yield 4.3%

For sale

Park Nova Jingumae 1st & 2nd Floors

Property Price ¥478 million (tax included)
Location 2-33-5 Jingumae, Shibuya-ku, Tokyo
Transportations 10-minute walk to JR Yamanote Line “Harajuku” Station
9-minute walk to Tokyo Metro Fukutoshin Line “Meiji-Jingumae” Station
9-minute walk to Tokyo Metro Chiyoda Line “Meiji-Jingumae” Station
9-minute walk to Tokyo Metro Fukutoshin Line “Kita-Sando” Station
Structure Floors: Steel-reinforced concrete construction, flat roof, 8 stories / 1st and 2nd floor sections Registrcation Date 2025.10.4
Area Floor Area (2nd Floor): 131.19 m²

PR POINT

Park Nova Jingumae 1st & 2nd Floors
Condominium Unit (Investment Property)

10-minute walk to JR Yamanote Line “Harajuku” Station
9-minute walk to Tokyo Metro Fukutoshin Line “Meiji-Jingumae” Station
9-minute walk to Tokyo Metro Chiyoda Line “Meiji-Jingumae” Station
9-minute walk to Tokyo Metro Fukutoshin Line “Kita-Sando” Station

Facing Meiji-dori Avenue with excellent visibility
Accessible via multiple stations and lines, including ‘Harajuku’ Station
Dedicated garbage disposal area, back yard, and delivery entrance available

Floor Area (2nd Floor): 131.19 m²

Price: ¥478 million (tax included)
Estimated Surface Yield: 4.34%
Estimated Monthly Rent: ¥1,729,530 (tax included)
Estimated Annual Income: ¥20,754,360 (tax included)
Current Status: Leased (as of October 1, 2025)
Security Deposit: ¥4,500,000
※Currently leased to a corporate tenant

Location: 2-33-5 Jingumae, Shibuya-ku, Tokyo
Land Rights: Ownership
Land Classification: Residential Land
Road Frontage:
Southwest Side: Public Road, Width approx. 21.8m, Frontage 10m+
South Side: Private Road, Width approx. 4.0m, Frontage 10m+
East Side: Private Road, Width approx. 5.4m, Frontage 10m+
Land Area: 1,407.69 m² [Share: 21993/425839]
Year Built: June 1986 (Showa 61)
Structure/Floors: Steel-reinforced concrete construction, flat roof, 8 stories / 1st and 2nd floor sections
Total Units: 78
Developer: Mitsui Fudosan Co., Ltd.
Construction Company: Takenaka Corporation
Management Company: Mitsui Fudosan Residential Service Co., Ltd.
Management Type: Full-service management (daytime)
Management Fee: ¥80,300 per month
Repair Reserve Fund: ¥78,500 per month (Revised effective October 2025)
Parking: None available (¥55,000 per month)
Bicycle Parking: Available (Annual fee: ¥6,000) ※Requires sticker attachment. (Free of charge)
Motorcycle Parking: None
Pets: Not allowed
Urban Planning: Urbanization Area
Zoning: Commercial District / Type II Medium-High-Rise Residential District
Fire Prevention Regulations: Fire Prevention District / Quasi-Fire Prevention District
Facilities: Auto-lock / Security Cameras
Elevator: Available
Utilities: Tokyo Electric Power Company / City Gas / Public Water Supply / Public Sewerage
Delivery Date: Negotiable

▪2025 Fiscal Year Fixed Asset Tax Assessment Value
Land: ¥215,013,984
Building: ¥18,239,100
Total: ¥233,253,084
▪2024 Fiscal Year Fixed Asset Tax Annual Amount: ¥817,927

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