Setagaya

Commercial building
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Description

We present an attractive commercial property located in the quiet Setagaya district of Tokyo. The building was completed in March 2018 and is constructed using wooden technology, which not only provides an aesthetic appearance but also good insulation. The property is currently fully rented, guaranteeing a stable income from the investment at 5.43%. With a convenient location just five minutes on foot from the train station, it offers easy access to public transport. It also provides comfortable parking for tenants, which certainly increases its appeal. The whole property sits on a plot of 153.37 m², allowing for comfortable use of space. An ideal proposition for investors looking for stable and well-located assets in the developing area of Tokyo.

City Description

Setagaya is one of the 23 special wards of Tokyo, predominantly residential in character but offering many interesting places and attractions worth visiting. It is one of the largest and most populous wards in Tokyo, blending modernity with tradition, making it a unique place to live and explore. Notably, the Seikado Bunko Art Museum boasts a rich collection of Japanese, Chinese, and Korean art, including ancient manuscripts and ceramics. For culture enthusiasts, visiting the Gotoh Museum is also worthwhile, as it houses works related to Asian art and traditional crafts. Setagaya is also home to one of Tokyo’s largest antique markets – the Boroichi Market. This biannual fair attracts crowds of both locals and tourists, offering a variety of handicrafts, souvenirs, and numerous food stalls serving local delicacies. Kinuta Park, with its spacious lawns and rich flora, is an excellent spot for picnics and relaxation away from the hustle and bustle of urban life. The park also provides opportunities for sporting activities like tennis and golf. For architecture and history lovers, a visit to the Gotokuji Temple is recommended, known as the birthplace of the maneki-neko – the lucky cat with a raised paw. It is a unique site that draws many tourists from around the world seeking a piece of Japanese symbolism and magic. While traveling through Setagaya, one cannot overlook the futuristic district of Futako-Tamagawa, featuring modern shopping centers such as the Rise Shopping Center. This place is a paradise for shopping and culinary discoveries, as well as an excellent point to feel the pulse of contemporary life in Tokyo. Setagaya is where tradition meets modernity, and where one can easily adapt to the rhythm of everyday life in Tokyo while drawing from the cultural richness and entertainment offerings of this dynamic district.

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Price845 994 USD
ProfitabilityProfitability 5.43%
Yearly profit45 937 USD
Monthly profit3828 USD
TypeCommercial building
LocationSetagaya