Spacious 3LDK Apartment with Investment Potential in Sakai
This well-maintained apartment, located in the quiet residential area of Harayamadai 1-chome in Sakai City's Minami Ward, Osaka Prefecture, offers a comfortable living space with a solid investment profile. The property features a generous 63.45 sqm (approximately 19.19 tsubo) of private floor area arranged in a practical 3LDK layout, ideal for a small family or as a rental investment. It is situated on the 5th floor of a 5-story reinforced concrete (RC) building constructed in April 1974.
Key equipment and features include city gas. Special notes indicate an owner change is scheduled, with projected annual rental income of 600,000 yen and an estimated annual yield of 11.11%. The property is currently tenanted. The management is partially delegated with a daytime manager and a management association in place, managed by Haseko Community. The building has undergone an inspection and comes with defect insurance and performance evaluation. The land is designated as a Category I Medium-to-High-Rise Exclusive Residential Zone. The transaction is handled as an intermediary (媒介). Please note that floor plans prioritize the current condition.
The area is conveniently connected, with Nankai Electric Railway's Semboku Line's Toga·Mikita Station just a 7-minute walk away. Sakai is a city rich in history, once the site of one of Japan's largest ancient burial mounds, the Nintoku-tenno-ryo Kofun (Mozu Kofun Group), which is a UNESCO World Heritage site. For a major tourist attraction, residents can easily access the vibrant Dotonbori district in central Osaka, famous for its neon lights, giant signage, and incredible street food.