For those who know the area, Shirokanedai is an aspirational place to live.  The neighbourhood is calm, quiet and affluent.  Some go so far to call it an oasis within the maelstrom that is Tokyo. 

Within this oasis there is a condo for sale that is large, cosmopolitan and steps away from some of Tokyo’s finest boutiques, eateries, educational institutions and parks.

That property is Shirokanedai Ist.

• Price - ¥138,000,000
• Unit Size - 105.54 sqm
• Land ownership -  3,145 units out of 10,000 total 
• Total Land Size - 135.42 sqm
• Parking - 1 limited size spot attached to unit
• Year Built - 2005

Map outlining features around Shirokaedai Ist.

The unit is labelled “designers” due to the polished and exposed concrete walls throughout.  In some places the concrete has been etched with this unit being the only one of the three with this feature.

Originally designed by Nishimura Architect & Associates, the motif was one of limitless living in spaces that feel open, airy while preserving light access while being a low rise structure ina quiet residential neighbourhood. 

This unit boasts a rectangular and simple to use configuration, set in a postmodern construct that provides a chic continuity of experience that matches the cosmopolitan area it resides. 

Walkthrough of Platinum Street, steps from Shirokane Ist.

Another very valuable feature that comes with this unit is the amount of land ownership.  The complex is freehold and this unit comes with approximately 41.5 square metres of land ownership. 

This is a giant portion of land ownership when compared to other condos in the city, thanks to there being only 3 units to own in the complex. 

Owning this much land in this area for this price is unheard of let alone owning a 100 square metre condo as well.  

As those who watch Tokyo property know, structures depreciate over time and when prices are spoken of as rising or falling, analysts are referring to the land value alone.

The complex is self managed and without a formal Homeowners Association (HOA) but that doesn’t mean this building isn’t well taken care of.  

One of the owners acts as the head of the informal HOA and has been there since 2005 when the building was built. 

Since the building is reinforced concrete, structural maintenance has been easier to maintain and has been diligently looked after.

Having an owner-occupier taking the lead on management of the repair reserve fund has made all the difference, preserving the building in a way very comparable to larger, professionally managed buildings. 

Basement theatre room.  Perfect for big sound without bothering the neighbours.

There is parking on site included in the yearly management fees and up to 2 small pets are fine.  

However, since there are currently only 3 owners, should there be any proposed change to the rules, voting on the proposition is very simple when compared to other condos with tens or hundreds of different owners. 

One drawback is that this unit isn’t really designed for families with young children; it is more designed for a couple with no children and given the studio next to the entrance, it is a perfect place for a live-in office.

Combining the home and office has been prevalent throughout the pandemic which in my mind makes this property very attractive.  Indeed, registering a business at the property is fine with the other owners as long as one is living there at the same time, exactly the case as the next door unit to this unit for sale.

The area is one of opulence with many of Tokyo’s affluent striving to live in the area.  Easy access to all parts of the city via public transit, driving is simple too with nearby freeway entrances to whisk you out of the city with ease and easy to access petrol stations nearby.

For the right buyer, this unit is perfect so inquire today to get started with a viewing.  Rental interest can also be looked at on a case by case basis.

Please note, Shinri only speaks Japanese so Adam German from REthink Tokyo will be responding to inquiries.  Both person's contact info are below.