L
ead Real Estate (LRE) has announced the expected completion of its luxury condominium project, EXCELSIOR NAKAMEGURO, on February 28, 2025, in Tokyo. The property features 10 units with a building area of 4,667 square feet and a land area of 2,805 square feet, constructed using reinforced concrete. Located in Kamimeguro, Meguro, the development is situated along the Jakuzure River Green Way, a 6km walkway known for its cherry blossoms and natural beauty.

    The property, informally called 'Green Path,' offers high accessibility to various amenities including sports facilities (Meguro Golf Training Course, Como Golf Academy, Meguro Tennis Court), hospitals, schools, and parks. The location benefits from its proximity to the upscale neighborhoods of Daikanyama and Ebisu, combining luxury living with natural surroundings.

    EXCELSIOR NAKAMEGURO is strategically located in one of Tokyo's most sought-after neighborhoods, offering a unique value proposition in the city's dense urban environment. The property's proximity to the Jakuzure River Green Way and emphasis on natural surroundings create a distinct advantage in the market. With its high accessibility to various amenities and luxury living options, EXCELSIOR NAKAMEGURO is poised to become a premier residential destination in Tokyo.

    The development aligns with Tokyo's luxury real estate market dynamics, where supply of new, high-end properties in prime locations typically results in strong occupancy rates and stable rental income streams. The property's modest size of 10 units suggests efficient management overhead while maintaining premium positioning.

    EXCELSIOR NAKAMEGURO is expected to be completed on February 28, 2025, marking a significant milestone for LRE's luxury condominium project. With its prime location, unique value proposition, and high accessibility to various amenities, EXCELSIOR NAKAMEGURO is set to become a sought-after residential destination in Tokyo.