Totsu Real Estate Investment Co., Ltd. Acquires Mid-Sized Condominium in Tokyo’s Azabujuban District
Totsu Real Estate Investment Co., Ltd. acquired the condominium "Rivière Azabujuban" in Azabujuban 3-chome, Minato Ward, Tokyo, from a private individual in June 2025.
The property is a 10-story building with one basement level, completed in March 2006, comprising 23 units, and located a three-minute walk from Azabujuban Station. Within a 10-minute walking radius, market rents range widely from approximately JPY 12,000 to 22,000 per tsubo (approx. 39.6 sq. ft.). Renovations to unit interiors, common areas, and building systems could support rent increases, and given the strong demand from single-person households, revenue growth is anticipated According to “estie residential research”
While transactions of large-scale properties are declining, investment opportunities in medium-sized assets are increasing. This asset also draws attention for its scarcity value in the highly sought-after Minato Ward location.
Key Facts
Property Name: Rivière Azabujuban
Buyer: Totsu Real Estate Investment Co., Ltd.
Seller: Private individual
Transaction Price: Not disclosed
Location: 13-4 Azabujuban 3-chome, Minato Ward, Tokyo
Nearest Station: 3-minute walk to Azabujuban Station (Tokyo Metro Namboku Line) / 10-minute walk to Akabanebashi Station (Toei Oedo Line)
Completion: March 2006
Number of Floors: 10F / B1, 23 units
Gross Floor Area: approx. 819 sq. m (approx. 8,817 sq. ft.)