Investment Opportunity in Osaka's Vibrant Miyakojima Ward
This property is a 2DK apartment for sale located in the Shamboru Tenma building in Amijima-cho, Miyakojima Ward, Osaka City. The unit is situated on the 3rd floor of a 10-story (with 1 basement floor) SRC (steel-framed reinforced concrete) condominium built in June 1975. The exclusive area (measured to the center of walls) is 54.95 sqm (approximately 16.62 tsubo), and it features a 4.86 sqm balcony with primary sunlight exposure from the east.
This is an owner-change property, currently tenanted, offering an immediate transfer possibility. The listed price is 20,800,000 yen, with monthly management fees of 8,100 yen and a monthly repair reserve fund of 7,900 yen. The property is presented with an estimated current surface yield of approximately 5.76%, based on an estimated annual rental income of 1,200,000 yen. Please note that the rental income and yield are not guaranteed for the future. The displayed rent and yield are based on current or assumed full-occupancy market rates, and the yield calculation is a simple yield (including common area fees) that does not deduct necessary expenses like fixed asset taxes or management fees.
The building's equipment includes a washing machine space, city gas, and an elevator. The management is fully outsourced with daytime staff. The property is located in a Category II Residential Zone and comes with defect insurance. The transaction is a general intermediary service.
