Apartments Tokyo Top > Property Investment > Setagaya-ku > URBAN PLACE KAMINOGE – Setagaya Residence
| Sales price | 528,000,000 JPY 3331230.28 USD * |
|---|---|
| Yield |
Gross yield : 5.11% |
Located in Kaminoge 3-chome, Setagaya, Urban Place Kaminoge is just 3 min on foot from Kaminoge Station on the Tokyu-Oimachi Line. Futako-tamagawa is one stop away, while Jiyugaoka is accessible without changing trains. Ozeki supermarket near the station supports convenient everyday living, and the nearby Gotoh Museum adds a distinctive cultural attraction to the neighborhood.
Completed in October 2008, this four-story, steel-framed building comprises 18 residential units and one commercial unit, with freehold ownership of both the land and building. Its compact apartments and proximity to the station offer a clear appeal to single occupants who value convenient commuting and daily amenities. The multiple residential units also spread rental income across a range of tenancies.
Whole-building ownership allows an investor to coordinate leasing, maintenance and common-area improvements across the property. Combining excellent station access with residential and commercial accommodation, Urban Place Kaminoge presents an appealing opportunity for investors considering a long-term income-producing asset in Setagaya.
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