Tier 1

The KITA

ザ・キタ

3-12-1 Sendagaya, Shibuya-ku

Price range

¥2B – ¥7.1B

Price per m²

¥14.0M/m²

Est. gross yield *

~1.5%

5-yr appreciation

—

* Estimated gross yield based on market rental comparables. Does not include management fees, taxes, or vacancy. Verify with a licensed broker.

Building Details

DeveloperWestbank (Vancouver)

Completed2023

Units12

Floors4F

Nearest stationKitasando (Z03) 4 min

Google rating3.3★ (8 reviews)

Kengo Kuma architect. 12 residences. Rooftop pool penthouse.

Source: Verified

Penthouse 507m² sold ~¥7.1B to overseas buyer 2023=¥14.0M/m². (Savills / Tokyo Portfolio)

Purchase Price (¥M)

Unit Size (m²)

Gross Yield (%)

Results

Est. Annual Rent¥30.0M

Est. Monthly Rent¥2,500K

Cap Rate1.4%

Estimates only. Consult a licensed advisor before investing.