センチュリーシティ — Century City

Property key information:

• Property Name: Century City

• Price (tax included): ¥44,600,000

Access

• Shinjuku Station – 3 minutes

• Shibuya Station – 19 minutes

• Ikebukuro Station – 20 minutes

Location

• 39-26 Nishi-Shinjuku 4-chome, Shinjuku-ku, Tokyo

Nearest Station

• Toei Oedo Line – “Hatsudai” Station, 6 min walk

• Toei Oedo Line – “Nishi-Shinjuku Gochome” Station, 8 min walk

Property Details

• Layout: 1LDK (1 Bedroom + Living Dining Kitchen)

• Floor: 12th floor of 12-story building

• Exclusive area: 35.59 m² (10.76 tsubo) + Balcony 6.00 m²

• Structure: SRC (Steel Reinforced Concrete)

• Built: March 2004

• Management fee: ¥18,109 / month

• Repair reserve fund: ¥16,800 / month

• Current rent: ¥162,000 / month

• Direction: Southwest

Investment Information

• Annual Rental Income: ¥1,944,000 (based on current rent)

• Gross Yield: 4.36% (based on current rent)

Management Company

• Royal Building Management

Ownership

• Freehold

Status

• Currently rented

Notes

• Lease Agreement Period: October 15, 2018 – October 14, 2020

• Current Rent: ¥162,000 (includes ¥5,000 common service fee; separate internet fee required)

• Contract Type: Fixed-term lease

Management Type

• Entirely consignment management

Map

• Nearby stations: Hatsudai, Nishi-Shinjuku Gochome, and Shinjuku Station

Key Redevelopment / New Development Projects Near Nishi-Shinjuku / Shinjuku

• Nishi-Shinjuku 3-Chome West District Redevelopment

  • Twin towers, about 65 stories each (~235m tall)

  • Primarily residential, with lower-floor retail

  • Approved and moving forward

  • Scheduled completion around 2029

  • Source: SkyscraperCenter

• Shinjuku Station West Exit Area Redevelopment (Odakyu side)

  • Large mixed-use tower: offices, commercial, observation deck, and improved public plaza

  • Main tower ~48 stories, ~260m tall

  • Includes additional smaller 8-story facility

  • Expected completion around 2029

  • Source: INA Research

• Nishi-Shinjuku Area Long-Term Redevelopment Plan

  • Broad renewal of aging buildings and infrastructure

  • Focus on skyscrapers, improved station functions, pedestrian circulation

  • Multiple projects phased through the 2030s–2040

  • Source: INA Research