Compact Investment Apartment in Osaka's Higashiyodogawa Ward
This property is a compact one-room apartment for sale, located in the Business Shin-Osaka building in Higashiyodogawa Ward, Osaka City. The unit is currently tenanted, generating a stable annual rental income of 600,000 yen, which translates to a projected yield of 11.32%. The purchase price is 5.3 million yen, with monthly management fees of 4,800 yen and a repair reserve fund of 1,350 yen.
Translated agent notes provide essential details: The apartment has a private balcony of 1 square meter with a southern exposure for primary sunlight. The building is an 8-story reinforced concrete (RC) structure, and this unit is located on the 5th floor. It was built in January 1974. The total floor area is 13.74 square meters (approximately 4.15 tsubo). Key features include the allowance for an owner change and permission for office use. The building management is fully outsourced with a patrol-based system. There is no on-site parking available.