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New Investment Project
The Offer.
We are offering an opportunity for a maximum of four people to join me on a 7 story new concrete apartment development in Osaka Japan. The basic shape will be that 4 finance units of 6.500.000 each will be offered. These four units may end up going to one person and that’ s OK. They may also be taken up by four individuals, equally OK. Either way there will only be four. These four units will earn income in line with that of the building with a minimum guarantee of Return On Investment (ROI) of 5%PA. Apart from the ROI a tremendous benefit of this offering is that it will provide an entry portal to foreigners who want to own their own income producing apartment buildings in the future.
The location.
In Japan river side property still has a long way to go in price. In Australia, America and Europe today it is almost impossible to buy river side land in major cities. In these countries today even if such property does become available only the very wealthy can afford it. Here in Japan this same trend has just started to show, we still have time. Large Japanese companies have purchased premium river side land and built up expensive apartments, hotels and office buildings. This small block of land is priced a bit higher than normal but it allows us access to river side land.
looking across a historic bridge ‘GinBashi’ to the Osaka Mint, Tekoku hotel and further on into Osaka city.
The nights views are truly wonderful.
During the day a 4 minute walk will take you to JR Tozai line.
8 minutes to Keihan Kyobashi,
10 minutes to JR Kyobashi
1 minute walk will take to you to the beautiful Sakuranomiya river side cherry blossom walk
2 minute walk will have you in the grounds of Taikoen.
12 minute bicycle ride will have you at the Hilton hotel or Osaka JR central station.
Finally every year in July each apartment will have a ring side view of the fireworks of the Tenjin Matsuri. We would ask you to consider if you agree with us that this Riverside property sitting in a land sitting in Japan offering such convenience will provide substantial capital gains.
The Building.
This real estate project is to be built on 30 Tsubo or 99.73 square meters of land in Kyobashi, Osaka, Japan. Osaka is the second largest city in Japan and Kyobashi station sees 850,000 people a day. It will be built on a vacant block of land. Total cost will be 145,000,000 yen. Construction will be a steel reinforced concrete building of 7 floors. First floor will be an entrance, mailboxes, trash disposal facility, paid tenant parking and 6 person elevator entrance. Second floor through to the 6th floor will be residential one bedroom boutique apartments. Each apartment will be 29.09 square meters and feature 3.4 meter ceilings allowing lofts and large picture windows overlooking the river view. Separate toilet, bathroom, vanity area will be supplied. Features will include, entrance camera security, automatic lock access from room, two point gas range, air-conditioner, fiber optic cable connection to the internet. Seventh floor will be set up as business space for rent.
The clientele.
Target clientele will be office staff. Nearby recent projects teach us to focus on and expect 60% female and 40% male. The rents will be set to compete with new buildings offering smaller, low ceiling one bedroom units 7 minutes from the main two stations. We have set our prices against one brand new building and another that is a year old. In fact, today we can find no loft style apartments of this size anywhere near the station. Lofts are very practical to the occupant and make the 3.4 meter ceilings give the rooms a spacious atmosphere. Our features, size, green river front location, views, lofts and size will compete well with these buildings today and well into the future.
The Investment.
The project will be built and financed by Mark Smith. He is offering investments ‘lots’ of 6,500,000 to financiers who wish to join him. A total of no more than four ‘lots’ will be offered. ROI (Return On Investment) from operations is estimated at 8% gross. Capital gains on the cost of building are expected and upon sale will be shared on a pro rata basis. Investment lot rights will be transferable to buyers found by owners at no cost. Upon request Mark Smith will seek buyers himself at a brokerage commission of 3%. The building will be managed by Smith and all accounting managed by his office. Cash dividends issued to shareholders on a quarterly basis at a guaranteed rate of 5%. At year end bonuses will be issued in line with the audited year end profitability of the building.
More Information.
For more information on this and other projects contact us today.
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