
Castor Minowa: Rental Yield in Tokyo
荒川区, 東京都 116-0014
Castor Minowa is a fully-tenanted residential investment property located in Minowa, a charming and increasingly sought-after neighborhood in Tokyo’s traditional “shitamachi” area. Known for its warm, local atmosphere and strong appeal to families, Minowa offers an excellent balance between authentic Tokyo life and accessibility to the city’s business and commercial centers.
This 3-story reinforced concrete (RC) building was constructed in 1991 and has undergone substantial refurbishments in recent years. Major improvements include room renovations, general repairs, and an upgraded, modernized elevator – ensuring the building is in excellent condition and ready for long-term operation with minimal maintenance burden.
Located just a 7-minute walk from Minowa Station on the Tokyo Metro Hibiya Line, tenants enjoy direct access to central hubs such as Akihabara, Ginza, and Roppongi – making the property highly attractive for a wide range of renters.
The property is zoned for quasi-industrial use (準工業地域) and offers a plot area of 279.21 sqm, with a building coverage ratio (BCR) of 60% and a floor-area ratio (FAR) of 300%, providing flexibility for future development or value-add strategies.
Currently operating at full occupancy with a stable yield of approximately 4.6%, Castor Minowa represents a rare opportunity to own a well-maintained income-generating asset in a high-demand Tokyo submarket with long-term growth potential.
Summary of Key Points:
- 📍 Location: Higashi-Nippori 1, Arakawa-ku, Tokyo
- 🚃 Access: 7-minute walk to Minowa Station (Hibiya Line)
- 💹 Yield: Approx. 4.6% (fully tenanted)
- 🛠️ Renovated: Elevator replaced, interior units updated
- 🏢 Structure: RC, 3 stories, built in 1991
- 🏘️ Area: Popular with families, authentic Tokyo living
- 🗺️ Access to Akihabara, Ginza, Roppongi (via Hibiya Line)