|1-Bedroom + 1 Bathroom, 87.96 sqm|
Akasaka, Minato-ku, Tokyo
Foretseine Akasaka Hinokizaka is a high-end 7-storey condominium apartment building developed by Mori Trust Group and completed in January 2016. Mori’s projects, especially the Foretseine brand, are aimed at the very top end of the luxury market. Some of their large-scale developments include Marunouchi Trust City and Shiroyama Trust Tower. Mori Trust is a subsidiary of Mori Building.
This building is located in a prime position just up the hill from Hinokicho Park and Tokyo Midtown.It is located next door to Proud Akasaka Hikawacho and across the street from Park Mansion Roppongi. The northern corner of the site borders onto a private estate owned by the Bank of Japan.
The building was constructed using the base-isolation (menshin) earthquake-resistant method of construction. This is the highest-grade and most expensive option. It reduces the level of shaking in an earthquake and lowers the risk of furniture and valuables from falling over. Due to its cost, it is normally reserved for high-rise buildings.
This is a 1-Bedroom apartment on the 2nd floor. It is north-west facing and located at the rear of the building. It overlooks the greenery of the Bank of Japan’s estate and does not overlook any roads.
The unit includes a spacious master bedroom with walk-in closet, a wide-span balcony of 13.39 sqm, a living/dining room with floor heating and 2.65-meter ceilings, a storage closet, and a kitchen with dishwasher and oven. The apartment has never been occupied.
The land ownership share for this apartment is approximately 34.38 sqm.
The estimated rent for this apartment is approximately 450,000 ~ 500,000 Yen/month, which could result in a potential gross yield of around 2.75%, which is a typical yield for luxury properties in central Tokyo’s prime locations. (Note: This is not a guarantee or promise of actual achievable rent or yields now or in the future).