Coop Olympia 4F

¥79,800,000

Apt. 4F | 1 Bedroom + 1 Bathroom |  56.21 sqm (605 sq.ft)
Jingumae, Shibuya-ku, Tokyo

Price per square meter: ¥1,420,000 | Monthly building fees: ¥55,404


ABOUT

Co-op Olympia is a vintage apartment building located in a prime position in the heart of Harajuku. It is across the street from Harajuku Station and Yoyogi Park.

This was one of the very first luxury apartment buildings in Tokyo. When new, apartments were priced from 30 ~ 120 million Yen and were purchased by only the wealthiest businesspeople and celebrities. It was completed in 1965, just after the Tokyo Olympics which were held close-by. Its proximity to several of the Olympic sporting venues provided the inspiration for the building name.

The building has become a landmark for the area due to its unique design and prime location, and is a highly sought-after vintage residence / office location.

This is a 1-Bedroom apartment on the 4th floor. It is west facing. It may suit someone looking for a renovation project.

FEATURES

  • Front desk service
  • Central heating/cooling

The building is self-managed.

There have been discussions about redeveloping this building since 2004 but there has been difficulty obtaining agreement from enough of the apartment owners.

*Please note that there is a possibility that this building exceeds current building height limits for this area. Unless allowances can be obtained, it is possible that a new building could not be built to the same size as the current building, resulting in smaller apartments for existing landowners. The current building was built to a 600% ratio, while current building capacity ratios are 450%. 

  • The building was built to the old earthquake codes (kyu-taishin) and may not meet current earthquake-resistant standards. Exterior earthquake-reinforcing may be difficult as the building is already built to the edges of the site boundaries. 

LOCATION

6-35-3 Jingumae, Shibuya-ku, Tokyo

Harajuku Station – 2 min walk
(JR Yamanote Line)

Meiji Jingumae Station – 1 min walk
(Chiyoda, Fukutoshin Lines)


  • Yoyogi Park: 200 meters
  • Takeshita Street: 350 meters
  • Tokyu Plaza: 300 meters
  • Shibuya Crossing: 1,200 meters
  • Harajuku Cat Street: 400 meters
  • Omotesando Hills: 600 meters

FLOOR PLAN

DETAILS

Type:1-Bedroom Apartment
Size (Center-wall):56.21 sqm (605 sq.ft)
Balcony:None
Floor:4F
Construction:11-storey, Steel reinforced concrete
No. of apartments:171
Built:March 1965
Earthquake standards:Kyu-Taishin (Old Code) (what does this mean?)
Developed by:Tokyo Co-Op
Constructed by:Shimizu Corporation
Managed by:Self-managed
Land size:3,523.26 sqm
Land ownership:Freehold
Car parking:Please inquire
Pets:Please inquire
 
Monthly building fees:
Management:19,924 Yen
Repair fund:34,680 Yen
Other:800 Yen
TOTAL:55,404 Yen
 
Transaction details:
Status:Vacant
Delivery:To be negotiated
Transaction type:Brokerage
Brokerage fee:3% + 60,000 Yen + consumption tax, charged to buyer.
*Inspection by advance appointment only. Please understand that some viewing times may not be possible due to sellers’ schedules. Same-day appointments are not possible.
*Other fees: Basic water charge (800 Yen).
*Water charged at 150 Yen/m3; Hot water charged at 880 Yen/m3.
Last updated:August 14, 2019.Next update (scheduled):August 28, 2019.

MAKE AN INQUIRY

To inquire about this property please fill in the form below:

*Show Foto, K.K. is a fully licensed real estate agency. We are able to assist buyers with the purchase of this property or similar ones. Our fees to buyers are 3% + 60,000 Yen + consumption tax.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
All care has been taken in preparing this floor plan, however the accuracy is not guaranteed and no liability will be accepted for any reliance placed upon it. In the event of any conflict between the floor plan and actual conditions, the latter shall prevail. Dimensions are approximate.
All prices are indicated in Japanese Yen.

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