Modern Investment Condominium in Osaka's Abeno Ward
This property is a recently constructed condominium unit located in Osaka's Abeno Ward, specifically in the Oji-cho 3-chome district. The apartment is currently tenanted, offering an immediate income stream for an investor. The listing highlights an estimated annual rental income of 859,200 yen, which translates to a projected yield of approximately 4.09%. The unit is situated on the 5th floor of an 8-story reinforced concrete (RC) building completed in November 2023.
The apartment features a compact and efficient 1K layout (one room plus kitchen) with a wall-core exclusive area of 25.44 square meters (approximately 7.69 tsubo). Monthly running costs include a management fee of 4,850 yen and a repair reserve fund contribution of 1,000 yen. The property is under full delegated management with a daytime manager. Important notes from the agent specify that the floor plan provided prioritizes the actual current condition of the property. The transaction method is exclusive dedicated agency.
The location offers excellent access via the Hankai Uemachi Line, with three stations within a short walk: Higashi-Tengachaya Station (7 minutes on foot), Kitabatake Station (8 minutes), and Matsumushi Station (10 minutes). The area is zoned as a commercial district. The property comes with a defect liability period and performance evaluation. The transfer timing is negotiable.
Abeno Ward is a vibrant area of Osaka, known for its mix of residential and commercial spaces. A major landmark nearby is the iconic Abeno Harukas, Japan's tallest building, which houses department stores, an art museum, a hotel, and an observation deck offering breathtaking panoramic views of the Kansai region.
