Is your property investment in Tokyo worth it? Find out how much your purchase is worth from a rental cost’s perspective. A listing price is analyzed with a rent of similar (or the same) sized unit in the same condominium to calculate its annual gross yield.
On this article, Hiroo Garden Hills is assessed.
Hiroo Garden Hills is one of the early brands of luxury multi-mid rise complexes in Tokyo. Situated in Hiroo, a quiet neighborhood between a hustle and bustle district of Shibuya and Roppongi, the 66,000 SQM development has been maintaining a serenity (as if you were in a forest) for the last 30 years.
Despite the fact that Japan’s property price depreciates much faster than the US and Europe, Hiroo Garden Hills is able to retain relatively high – 147.32 SQM unit is listed for JPY 2.7 million. (USD 2.27 million)
Hiroo Garden Hills
- Built in 1983
- 15 mid-rise complexes
- 1,181 units
- Shibuya-ward (ku)
- 5 minutes walk from Hiroo Station
It turns out, its annual gross yield is in a range of 3% to 5%.
Current listing – as of February 19 2015
|FOR SALE||FOR RENT||GROSS YIELD|
*Rental price includes monthly management fee, owed by a renter