Toyotomi Stay Namba Park – 5.6% guaranteed – 3 years

  • Storeys:

    10

  • Units:

    47

  • Price range:

    ฿11.3M - ฿29.5M

  • Size Range:

    23 - 56 sqm

  • Completion date:

    2021 Q4

  • Avg price per sqm:

    ฿580,000.00

  • Area:

    Osaka

  • Developer:

    Toyotomi Holdings

project features

Key Investor Points

5.6%

Rental Guarantee

3 Years

Timeframe

0 Days

Free Stay

Buyback

No
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Toyotomi Stay Namba Park – 5.6% guaranteed – 3 years

Toyotomi Stay Namba Park offers high quality daily life in the city center of Osaka surrounded by greeneries. Because of the tight supply of lands in Naniwa District, Toyotomi selected an existing condominium in Motomachi area, adjacent to the heart of Osaka, Namba. Toyotomi Stay Namba Park is convenient with huge potential. Toyotomi Stay Namba Park is under external renovation and comes with freehold ownership accompanying a lease of 5.6% to 6% annual yield for 3 years.

The optional rental program available at Toyotomi Stay Namba Park works as following:

  • Assured returns for 5 years from 5.6% to 6.0% per year
  • Net return between 5.1% to 5.5% (after property and land tax)
  • No free stay offered

 

The payment terms at Toyotomi Stay Namba Park are the following:

  • Booking fee: 10% of the property price
  • Deposit: 60% of the property price
  • Remaining upon external renovation completed: 30% of the property price

 

Acquisition costs:

  •  Approximately 4% of purchase price for property tax, stamp duty + solicitor fee.
  •  One time sinking fund: JPY
  •  Monthly Sinking Fund: 5,000 JPY
  •  Monthly Common Fee: 3,000 JPY

 

Toyotomi is a developer based in Osaka, Japan, having branches in Tokyo, Taipei, Shanghai, Beijing & Guangzhou. Its business cover cross: real estate development, property management, agency for domestic properties and hotels & resorts management. The Toyotomi holdings is now having 101 buildings, with a total of 4,327 units under management and possessing 40 vacant lands parcels over Osaka City.

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Units available in this project

4 units

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