Samty Residential Investment Corporation

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  3. S-RESIDENCE Kobe Motomachi

A-25S-RESIDENCE Kobe Motomachi

Address 1‐2‐15 Aioi‐cho, Chuo‐ku, Kobe‐shi, Hyogo
Access Approx. a five minute walk from Kobe Station on the JR Tokaido Main Line and about a two minute walk from Nishi‐Motomachi Station on the Hanshin Electric Railway Kobe Kosoku Line
Number of rentableunits 81
Construction completed Jan. 2016
Acquisition price 1,200 million yen
Appraised NOI yield 5.6%
Type Single / Compact

Property description

The Property, which has single and compact type units, is about a five-minute walk from Kobe Station on the JR Tokaido Main Line and about a two-minute walk from Nishi‐Motomachi Station on the Hanshin Electric Railway Kobe Kosoku Line. Located in the Kobe‐Motomachi area, the Property enjoys good access to Osaka and Sannomiya as the JR Tokaido Main Line is available at Kobe Station and the Kobe Kosoku Line is available at Nishi‐Motomachi Station. With a concentration of hotels, office buildings, government agencies, medical institutions and condominiums as well as supermarkets and restaurants, etc. in the vicinity, along with such multi‐use retail facilities as “Kobe Harborland umie” in the area in front of Kobe Station, the Property is in an area that offers high living convenience. Close to such symbolic areas of Kobe as Motomachi shopping street, Nankinmachi (Chinatown) and Harborland, the Property as a downtown condominium is considered to be situated in a location of high scarcity value. The building also has sophisticated design for entrance and interior, etc. and is well equipped with housing equipment and security systems, etc.

With such characteristics, the Property offers excellent convenience, comfort and safety, and thus is believed to have a high level of competitiveness in the leasing market of areas with comparable supply and demand trends.

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