APARTMENTS TOKYO Menu

Luxurious apartment & house list Chuo-ku | APARTMENTS TOKYO | High-end luxury property & expat house, apartment in Tokyo.

Search results

Chuo-ku - TOKYO -

53 properties matched

53 rentals are available
in Chuo-ku, TOKYO

Show properties

1 2 3 6
Sort by :

Please select from following properties for your inquiry.
Save your interest.

Array
(
    [id] => 21
    [line_name] => 都営地下鉄新宿線
    [line_name_en] => Toei Shinjuku Line
    [sort_no] => 210
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 390
    [line_id] => 21
    [station_name] => 浜町
    [station_name_en] => Hamacho
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:43
    [modified] => 2016-04-08 17:09:43
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 146
    [line_id] => 9
    [station_name] => 人形町
    [station_name_en] => Ningyocho
    [sort_no] => 130
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 12
    [line_name] => 東京メトロ半蔵門線
    [line_name_en] => Hanzomon Line
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 202
    [line_id] => 12
    [station_name] => 水天宮前
    [station_name_en] => Suitengumae
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)

PREMIST NIHONBASHI HAMACHOKOEN
#4F

2-62-5, Nihonbashi-Hamacho, Chuo-ku, Tokyo

  • Bedroom icon 3
  • Bathroom icon 1
Price icon

355,000 JPY/month
3,270.98 USD/month *

Size icon

82.42 sq.m.
886.8 sq.f.
24.9 tsubo

  • Bedroom icon3
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

2 min walk to Hamacho St. on Toei Shinjuku Line
8 min walk to Ningyocho St. on Hibiya Line
10 min walk to Suitengumae St. on Hanzomon Line

Build

Reinforced concrete
14 stories from above ground 1 story below ground
Building completion : December, 2017

  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 7
    [line_name] => JR京葉線
    [line_name_en] => Keiyō Line
    [sort_no] => 70
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 117
    [line_id] => 7
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 20
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 144
    [line_id] => 9
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 110
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
            			

CASTALIA HACCHOBORI
#101

3-27-5, Hacchobori, Chuo-ku, Tokyo

  • Bedroom icon 2
  • Bathroom icon 1
Price icon

305,000 JPY/month
2,810.28 USD/month *

Size icon

79.62 sq.m.
856.7 sq.f.
24.1 tsubo

  • Bedroom icon2
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

1 min walk to Hatchobori St. on Keiyō Line
4 min walk to Hatchobori St. on Hibiya Line

Build

Reinforced concrete
10 stories from above ground
Building completion : February, 2006

  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 12
    [line_name] => 東京メトロ半蔵門線
    [line_name_en] => Hanzomon Line
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 202
    [line_id] => 12
    [station_name] => 水天宮前
    [station_name_en] => Suitengumae
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 145
    [line_id] => 9
    [station_name] => 茅場町
    [station_name_en] => Kayabacho
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
            			

RIVER & TOWER
#1703

19-7, Nihonbashi-hakozakicho, Chuo-ku, Tokyo

  • Bedroom icon 3
  • Bathroom icon 1
Price icon

335,000 JPY/month
3,086.70 USD/month *

Size icon

109.32 sq.m.
1176.3 sq.f.
33.1 tsubo

  • Bedroom icon3
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Please contact us to confirm its availability and fee.
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

6 min walk to Suitengumae St. on Hanzomon Line
8 min walk to Kayabacho St. on Hibiya Line

Build

Steel-reinforced concrete
19 stories from above ground
Building completion : March, 1989

  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 12
    [line_name] => 東京メトロ半蔵門線
    [line_name_en] => Hanzomon Line
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 202
    [line_id] => 12
    [station_name] => 水天宮前
    [station_name_en] => Suitengumae
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 21
    [line_name] => 都営地下鉄新宿線
    [line_name_en] => Toei Shinjuku Line
    [sort_no] => 210
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 390
    [line_id] => 21
    [station_name] => 浜町
    [station_name_en] => Hamacho
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:43
    [modified] => 2016-04-08 17:09:43
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 146
    [line_id] => 9
    [station_name] => 人形町
    [station_name_en] => Ningyocho
    [sort_no] => 130
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)

TORNARE NIHONBASHI-HAMACHO
#2114

3-3-1, Nihonbashi-hamacho, Chuo-ku, Tokyo

  • Bedroom icon 3
  • Bathroom icon 1
Price icon

315,000 JPY/month
2,902.42 USD/month *

Size icon

79.27 sq.m.
852.9 sq.f.
24 tsubo

  • Bedroom icon3
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

5 min walk to Suitengumae St. on Hanzomon Line
7 min walk to Hamacho St. on Toei Shinjuku Line
9 min walk to Ningyocho St. on Hibiya Line

Build

Steel-reinforced concrete
47 stories from above ground
Building completion : August, 2005

  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 145
    [line_id] => 9
    [station_name] => 茅場町
    [station_name_en] => Kayabacho
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 12
    [line_name] => 東京メトロ半蔵門線
    [line_name_en] => Hanzomon Line
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 202
    [line_id] => 12
    [station_name] => 水天宮前
    [station_name_en] => Suitengumae
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 144
    [line_id] => 9
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 110
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)

SUMIDA RIVER SIDE TOWER
#1306

1-28-7, Shinkawa, Chuo-ku, Tokyo

  • Bedroom icon 1
  • Bathroom icon 1
  • Indoor Swimming Pool
Price icon

300,000 JPY/month
2,764.21 USD/month *

Size icon

58.3 sq.m.
627.3 sq.f.
17.6 tsubo

  • Bedroom icon1
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

9 min walk to Kayabacho St. on Hibiya Line
10 min walk to Suitengumae St. on Hanzomon Line
10 min walk to Hatchobori St. on Hibiya Line

Build

Reinforced concrete
22 stories from above ground 1 story below ground
Building completion : June, 1990

  • Conceirge desk
    Conceirge
    desk
  • Gym
    Gym
  • Swimming pool
    Swimming
    pool
  • Lounge
    Lounge
  • Trunk room
    Trunk room
  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 145
    [line_id] => 9
    [station_name] => 茅場町
    [station_name_en] => Kayabacho
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 12
    [line_name] => 東京メトロ半蔵門線
    [line_name_en] => Hanzomon Line
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 202
    [line_id] => 12
    [station_name] => 水天宮前
    [station_name_en] => Suitengumae
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 144
    [line_id] => 9
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 110
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)

SUMIDA RIVER SIDE TOWER
#2202

1-28-7, Shinkawa, Chuo-ku, Tokyo

  • Bedroom icon 4
  • Bathroom icon 2.5
  • Indoor Swimming Pool
Price icon

700,000 JPY/month
6,449.83 USD/month *

Size icon

177 sq.m.
1904.5 sq.f.
53.5 tsubo

  • Bedroom icon4
  • Bathroom icon2.5
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

9 min walk to Kayabacho St. on Hibiya Line
10 min walk to Suitengumae St. on Hanzomon Line
10 min walk to Hatchobori St. on Hibiya Line

Build

Reinforced concrete
22 stories from above ground 1 story below ground
Building completion : June, 1990

  • Conceirge desk
    Conceirge
    desk
  • Gym
    Gym
  • Swimming pool
    Swimming
    pool
  • Lounge
    Lounge
  • Trunk room
    Trunk room
  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 145
    [line_id] => 9
    [station_name] => 茅場町
    [station_name_en] => Kayabacho
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 12
    [line_name] => 東京メトロ半蔵門線
    [line_name_en] => Hanzomon Line
    [sort_no] => 120
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 202
    [line_id] => 12
    [station_name] => 水天宮前
    [station_name_en] => Suitengumae
    [sort_no] => 100
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 144
    [line_id] => 9
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 110
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)

SUMIDA RIVER SIDE TOWER
#1601

1-28-7, Shinkawa, Chuo-ku, Tokyo

  • Bedroom icon 3
  • Bathroom icon 2
  • Indoor Swimming Pool
Price icon

570,000 JPY/month
5,252.00 USD/month *

Size icon

158 sq.m.
1700.1 sq.f.
47.8 tsubo

  • Bedroom icon3
  • Bathroom icon2
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

9 min walk to Kayabacho St. on Hibiya Line
10 min walk to Suitengumae St. on Hanzomon Line
10 min walk to Hatchobori St. on Hibiya Line

Build

Reinforced concrete
22 stories from above ground 1 story below ground
Building completion : June, 1990

  • Conceirge desk
    Conceirge
    desk
  • Gym
    Gym
  • Swimming pool
    Swimming
    pool
  • Lounge
    Lounge
  • Trunk room
    Trunk room
  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 9
    [line_name] => 東京メトロ日比谷線
    [line_name_en] => Hibiya Line
    [sort_no] => 90
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 144
    [line_id] => 9
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 110
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
Array
(
    [id] => 7
    [line_name] => JR京葉線
    [line_name_en] => Keiyō Line
    [sort_no] => 70
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 117
    [line_id] => 7
    [station_name] => 八丁堀
    [station_name_en] => Hatchobori
    [sort_no] => 20
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)
            			

WE WILL HACCHOUBORI
#1101

11-2, Hacchoubori 4chome, Chuo-ku, Tokyo

  • Bedroom icon 2
  • Bathroom icon 1
Price icon

387,000 JPY/month
3,565.83 USD/month *

Size icon

85.7 sq.m.
922.1 sq.f.
25.9 tsubo

  • Bedroom icon2
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Not available
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

1 min walk to Hatchobori St. on Hibiya Line
1 min walk to Hatchobori St. on Keiyō Line

Build

Reinforced concrete
14 stories from above ground 2 stories below ground
Building completion : March, 2008

Array
(
    [id] => 19
    [line_name] => 都営地下鉄大江戸線
    [line_name_en] => Toei Oedo Line
    [sort_no] => 190
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 348
    [line_id] => 19
    [station_name] => 勝どき
    [station_name_en] => Kachidoki
    [sort_no] => 170
    [note] => 
    [created] => 2016-04-08 17:09:43
    [modified] => 2016-04-08 17:09:43
    [delflg] => 0
)
            			

KACHIDOKI RESIDENCE
#906

6-1-15, Kchidoki, Chuo-ku, Tokyo

  • Bedroom icon 1
  • Bathroom icon 1
Price icon

230,000 JPY/month
2,119.23 USD/month *

Size icon

63.63 sq.m.
684.7 sq.f.
19.2 tsubo

  • Bedroom icon1
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

4 min walk to Kachidoki St. on Toei Oedo Line

Build

Reinforced concrete
10 stories from above ground 1 story below ground
Building completion : February, 1993

  • Security
    Security
  • Internet
    Internet
Array
(
    [id] => 19
    [line_name] => 都営地下鉄大江戸線
    [line_name_en] => Toei Oedo Line
    [sort_no] => 190
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 347
    [line_id] => 19
    [station_name] => 月島
    [station_name_en] => Tsukishima
    [sort_no] => 160
    [note] => 
    [created] => 2016-04-08 17:09:43
    [modified] => 2016-04-08 17:09:43
    [delflg] => 0
)
Array
(
    [id] => 17
    [line_name] => 東京メトロ有楽町線
    [line_name_en] => Yurakucho Line
    [sort_no] => 170
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 285
    [line_id] => 17
    [station_name] => 月島
    [station_name_en] => Tsukishima
    [sort_no] => 40
    [note] => 
    [created] => 2016-04-08 17:09:43
    [modified] => 2016-04-08 17:09:43
    [delflg] => 0
)
Array
(
    [id] => 7
    [line_name] => JR京葉線
    [line_name_en] => Keiyō Line
    [sort_no] => 70
    [note] => 
    [created] => 2016-04-08 17:09:02
    [modified] => 2016-04-08 17:09:02
    [delflg] => 0
)
Array
(
    [id] => 118
    [line_id] => 7
    [station_name] => 越中島
    [station_name_en] => Ecchuujima
    [sort_no] => 30
    [note] => 
    [created] => 2016-04-08 17:09:42
    [modified] => 2016-04-08 17:09:42
    [delflg] => 0
)

RIVER POINT TOWER
#1708

1-11-6, Tsukuda, Chuo-ku, Tokyo

  • Bedroom icon 1
  • Bathroom icon 1
Price icon

273,000 JPY/month
2,515.43 USD/month *

Size icon

72.69 sq.m.
782.1 sq.f.
22 tsubo

  • Bedroom icon1
  • Bathroom icon1
  • No pets icon Not allowed
  • Parking icon Extra charge
  • View Layout
  • About this building
+ Building Information
Building Information
× Close
Train

6 min walk to Tsukishima St. on Toei Oedo Line
6 min walk to Tsukishima St. on Yurakucho Line
11 min walk to Ecchuujima St. on Keiyō Line

Build

Steel-reinforced concrete
40 stories from above ground 2 stories below ground
Building completion : April, 1989

  • Conceirge desk
    Conceirge
    desk
  • Internet
    Internet

Please select from following properties for your inquiry. Save your interest.

Show properties

1 2 3 6

SearchRefine Search

Building TypeBuilding Type

icon

AreaArea

icon

RentRent

icon
+

Bedroom(s)Bedroom(s)

icon
from
up to

SizeSize

icon
from
up to

Property FeaturesProperty Features

icon
  • ※Acutual layout might differ slightly from floor plan.
  • ※Interest rate in the website of Apartments Tokyo would be difference than actual interest rate, so please use this interest rate as a reference.
    (Today’s interest rate: 1 USD = 108.52 JPY)
  • ※If contract type would be "Fixed terms of contract",recontract fee might necessary pay to landlord.
  • ※We appreciate your understanding if list of property is no longer available.
  • ※Please confirm service provider of BS, CS, CATV that way of watch service, Internet connectable environment and fee might different each service.
  • ※Please confirm availability of car parking.
  • ※Please confirm that using facility might need separate fees.
  • ※Lessee must join comprehensive Lessee liability insurance.
  • ※Lessee shall consent to payment of agent fee equivalent one month of rent and consumption tax at the same time of sign contract.
  • ※Rent and management fee is exclusion from taxation.