English
Velfarre Sai Toyamacho is an income-producing residential building located at 9-3 Toyamacho, Shinjuku-ku, Tokyo. According to the sales material, it is approximately a 7-minute walk from Wakamatsu-kawada Station on the Toei Oedo Line and a 3-minute walk from Kagurazaka Station on the Tokyo Metro Tozai Line. The registered land area is 191.73 sqm, approximately 57.99 tsubo, with an effective site area of 146.15 sqm, approximately 44.21 tsubo. The building has a total floor area of 395.08 sqm, approximately 119.51 tsubo, and is a six-story reinforced-concrete apartment building completed in June 2009. The property is currently leased. The asking price is JPY 1 billion including tax. Current annual income is JPY 15,972,000, while projected annual income at full occupancy is JPY 35,670,120, representing a projected gross yield of approximately 3.57%.



