Penthouse Foreclosure

Classy House Oyamadai Penthouse
410,000,000 Yen (Guideline)
330.64sqm (3,559 sqft)

*Update 1: In 2011 this apartment was listed for sale (non-foreclosure listing) for 348,000,000 Yen*

*Update 2: No longer on the market*

This apartment complex is located in an elevated position in Setagaya, and is only 10 minutes by car to St. Marys International School and a 10 minute walk to Tama River.

This penthouse apartment is only 6 months old and is being foreclosed on. The property can be purchased prior to auction (current asking price is 410 million Yen), or can be purchased by placing a bid when it goes to auction in a few weeks.

Buying a foreclosed property at an auction:

To place a bid at auction you must place a 20% deposit and if your bid is accepted, make payment quickly. If you want to use a loan, once your bid is accepted you need to ensure that your bank can approve your finance in a very short period of time, otherwise you will lose out on the property.

The apartment has a total of 6-Bedrooms, including one which can be used as a maid’s room, and another room connected to the Master Bedroom that can be used as a study. There are three separate entrances – one main entrance, one private elevator entrance, and one side entrance near the bedroom wing. Each bedroom has its own walk-in closet and bathroom and there is also a full bathroom with bathtub.

1-11, Oyamadai, Setagaya-ku, Tokyo
Line – Kuhonbutsu Station – 11 min walk
Tokyu Tohoku Line – Denenchofu Station – 16 min walk

Apartment Details:
Price: 410,000,000 Yen (Guideline)
Size: 330.64 sqm
Type: 6-Bedroom
Floor: 4th Floor (Penthouse)
Maintenance Fees: 165,670 Yen/Month
Restoration Fees: 41,730 Yen/Month
Other Fees: 2,237 Yen
Carpark: Available from 30,000 Yen/Month

Building Details:
Completion: November, 2009
Construction: 4 stories, 1 basement. Reinforced Concrete
Developer: Sumitomo Corporation
Construction Company: Maeda Corporation
No. of Units: 22
Carparks: 21
Land Size: 2,368.03 sqm
Land Ownership: Freehold

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