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Property information

House: Matsue, Shimane

Asset type
House
Yield
51.1%
Rank
★★★☆☆
Bid deadline is 2026/02/04

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Base bid price 11,652,000yen
You can bid above 9,321,600yen

Location

Location Matsue, Shimane
Traffic access on report(japanese) JR山陰本線「松江」駅 東方 約250m 道路距離 
Reference(japanese) 一畑電車北松江線 松江しんじ湖温泉駅 東方 1.89km JR山陰本線 乃木駅 北東方 2.51km

Property data

Type Land
Property number 1
Address 松江市東朝日町字宮ノ沖 112番2
Building number
Registered category Residential land
Actual category
Registered area 293.48m2
Actual area
Zoning Commercial
Usage
Building to land ratio 80%
Floor area ratio 400%
Type Building
Property number 2
Address 松江市東朝日町字宮ノ沖 112番地2
Building number 112-2
Registered type Residence・Office・Garage
Actual Residence・Shop
Registered structure steel structuredFlat-roofed3 story building
Actual
Registered floor area 1F 206.31m2,2F 201.80m2,3F 197.71m2
Actual 1F ca.209m2,2F ca.201.80m2,3F ca.200.7m2
Layout Others
Land right Ownership
Occupant Yes
Year/month built 1982/08

Numerical data

Base bid price 11,652,000yen Area 611㎡
Cap rate 51.1%
Gross yield 70.3%
Lease demand 15 / 25pt Minimum bid price 9,321,600yen
Ratio of years passed
to depreciable years
172% Earnest money deposit 2,330,400yen

Court data

Case number 2024(M)35 Result 2026/02/09
Court Matsue District Court(Main) Start of viewing 2026/01/09
Sale type Sealed bid auction (2 times) Bid period 2026/01/28 ~ 2026/02/04
Sale decision 2026/02/26 Special sale 2026/02/10 ~ 2026/02/10
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Analysis data

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Points to note

Property price for assets not on court auctions does not include miscellaneous purchase expenses of about 7.5%.

Thus buying the asset at 11652000yen in court auction is the same as buying the asset out of court auction at 10840000yen(excluding misc. expenses).

In foreclosed properties, expenses for purchasing differ from ordniary purchase. Generally, however, it takes about 30%, depending on location and asset, in intermediary margins. Court auction is the sole market in which general public can eliminiate this margin.

For the same money, one can acquire better quality in foreclosed properties: auction concierges of 981.jp provide useful assistance.

*Above figures are based on base bid prices. For actual total costs, see 「bid simulation」.

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