High-end Realty Specialist

A newly designed residence, Excelsior Nakameguro, has been completed in the sophisticated and accessible Nakameguro area of Tokyo. With lush greenery and vibrant urban functions, this property offers long-lasting comfort and strong asset value.

 

Address: Excelsior Nakameguro
Location: 4-chome, Kamimeguro, Meguro-ku, Tokyo
Access: 10-minute walk from Nakameguro Station on the Tokyu Meguro Line
Main use: Residential（Apartment building）
Expected yield: 3.5%
Total units: 10

Excelsior Nakameguro boasts excellent accessibility, located in central Tokyo just a 10-minute walk from Nakameguro Station, while also offering a lush environment along the Jakuzure River. Designated as a first-class low-rise residential area, this neighborhood features a spacious urban landscape with few high-rise buildings, ensuring a calm and comfortable living environment. Yet, it is still only a short distance from key areas such as Shibuya and Ebisu. This 3-story building was constructed with reinforced concrete and features a simple and stylish design for both its interior and exterior, creating a sophisticated living space. Additionally, the “Rental management condition” allows for support from the seller’s group company, making it an attractive property for securing stable long-term rental income.

Land Price Trends in the Kamimeguro Area

The Kamimeguro 4-chome area is a highly popular location in Nakameguro. According to recent data, the official land price for 2024 in the neighboring area is approximately 2,000,000 to 2,100,000 yen per square meter, showing a year-on-year increase of several percentage points. Over the past few years, redevelopment and commercial areas around Nakameguro Station have contributed to a steady rise in land prices.  

Currently, the land price in Kamimeguro 4-chome is 69,170,000 yen (2,630,000 yen per tsubo), marking a 25.5% increase compared to 10 years ago. The growth rate is higher compared to nearby areas, reflecting strong real estate demand in this area.

Located near the Meguro River area, a popular spot in Tokyo, Kamimeguro offers beautiful cherry blossoms in spring and refreshing waterside breezes in summer. Moreover, the area is home to many eateries and unique stores, catering to residents with a strong sense of style. These features support the rise of property prices and the consistent rental demand, making Kamimeguro an attractive option for those seeking high-value assets.

Future Outlook

• With ongoing redevelopment and new store openings around Nakameguro, rental demand is expected to remain strong.
• The demands for offices from IT and creative companies and for residential properties among younger singles and DINKS are expected to grow. 
• As land prices continue to rise, properties that offer both asset value and profitability are becoming increasingly popular.

For more information regarding real estate, please contact GLOCALY.
To access more detailed property information, please visit our membership website.

Our free membership registration allows you to stay updated on market trends and land price fluctuations, which are important to forming assets and finding rental houses.

For more information