Spacious Modern Wooden House with Investment Potential in Kishiwada

This property is a substantial 6LDK detached house built in March 2021, located in Kishiwada City, Osaka Prefecture. The house offers a generous living space of 130.42㎡ (approximately 39.45 tsubo) spread over two floors. It sits on a large plot of land measuring 400.45㎡ (approximately 121.13 tsubo), providing ample outdoor space. The property is currently tenanted, presenting an immediate investment opportunity with a projected annual rental income of 2.16 million yen and an impressive estimated yield of 9.00%.

Key equipment and features include propane gas, electricity, and both water supply and sewage systems. A special note from the agent indicates this is an 'arbitrary sale' (任意売却), meaning the contract includes a disclaimer of liability for non-conformities. Importantly, the sale requires the consent of the creditor. The property is located in a City Planning Area designated as a Category I Medium-to-High-Rise Residential Exclusive Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. The land is flat, and the structure is wood-frame construction.

The area of Kishiwada is famous for its vibrant Danjiri Festival, a thrilling annual event where elaborately decorated wooden floats are pulled through the streets at high speed. For a major landmark, residents can easily visit the historic Kishiwada Castle, a beautifully reconstructed fortress also known as 'Chikiri Castle,' which features a unique, multi-level roof design and offers panoramic views of the city.