Investment Office Building in Nagoya's Chiyoda 2-Chome
This property is a two-story steel-framed office building located in Chiyoda 2-Chome, Naka Ward, Nagoya City, Aichi Prefecture. The building is currently tenanted, and the lease agreement will be transferred to the new owner, offering immediate rental income. The property boasts a projected annual yield of 5.1%. Please note that this projected yield is the ratio of the estimated annual rental income to the sale price before deducting taxes, public charges, and other necessary maintenance expenses, and it does not guarantee the rental income.
The building offers a total floor area of 119.59 sqm (approximately 36.17 tsubo) with a 1K layout. The land area is 99.2 sqm (approximately 30 tsubo). It was built in April 1997. The property is situated in a commercial zone within an urban planning area, with a building-to-land ratio of 80% and a floor area ratio of 500% (restricted by the front road width (m) x 6 / 100%). The land right is ownership, and the land category is residential land. The handover timing is negotiable.
The location is highly convenient, with multiple transport options. It is a 7-minute walk from Maeyasu Station on the Nagoya Municipal Subway Meijo Line and a 9-minute walk from Tsurumai Station, which is served by both the Nagoya Municipal Subway Tsurumai Line and the JR Chuo Main Line. The surrounding area offers excellent daily amenities. A Yamana supermarket (Tsurumai store) is about 350m away (a 5-minute walk), and a FamilyMart convenience store (Chiyoda 2-chome store) is approximately 260m away (a 4-minute walk). The property is also within a 3-minute walk (210m) of Oimatsu Elementary School.
The area of Naka Ward is a central part of Nagoya, blending business and residential districts. An interesting fact is that Nagoya Castle, one of Japan's most famous castles and a major tourist attraction, is located just a few kilometers north of this property in the same ward. The castle's iconic golden dolphin-like shachihoko ornaments are a beloved symbol of the city.
