The Parkhouse Shibuya Mitake (Leasehold)

The Parkhouse Shibuya Mitake3

Average price: 1,500,000 Yen/sqm
Size range: 32.19 ~ 64.23 sqm (346 ~ 691 sqft)

Area: Shibuya, Shibuya-ku


The Parkhouse Shibuya Mitake is on leasehold land. The fixed-term leasehold expires in 2074. At the end of the lease, the building must be demolished and the land returned to the original landholder. Apartment owners must also pay a monthly land rent, which can be adjusted annually.

Sales began in November 2012, and all apartments had sold out by mid-2013. When new, apartments were priced from 29 ~ 62 million Yen, with an average price of 930,000 Yen/sqm.

It is located near Terrace Shibuya Mitake (2013), which is a freehold building which had an average apartment price of 1,381,000 Yen/sqm when new. This building sold out prior to completion.

Premist Shibuya Miyamasuzaka (2014 completion) is also located nearby.


Shibuya Station – 2 min walk
Omotesando Station – 11 min walk

Completion:February 2014
No. of units:112
Construction:18 Stories
Construction Company:Shimizu Corporation
Developer:Mitsubishi Jisho Residence
Land size:770.12 sqm
Land ownership:Fixed-term leasehold (expires in 2074)

The Parkhouse Shibuya Mitake 1

The Parkhouse Shibuya Mitake Interior 1

The Parkhouse Shibuya Mitake Interior 2


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