Investment Opportunity in Osaka: Spacious 2LDK Apartment with Strong Rental Yield

This property is a 61.36 square meter (approximately 18.56 tsubo) 2LDK apartment located on the 5th floor of a 6-story reinforced concrete (RC) building in Nishiozuka 1-chome, Matsubara City, Osaka Prefecture. Built in November 1973, the unit offers a comfortable layout consisting of a 6-tatami Japanese-style room, a 6-tatami Western-style room, and a combined living, dining, and kitchen (LDK) area of 15 tatami mats. The apartment features a balcony with a primary exposure to the west.

Key financial details highlight this as a compelling investment. The property is currently tenanted, generating an estimated annual rental income of 648,000 yen, which calculates to a projected annual yield of 17.05%. The asking price is 3.8 million yen, with monthly management fees of 10,500 yen and a monthly repair reserve fund of 18,000 yen. The building is under full委托 management with periodic inspections. The transaction is handled as an exclusive dedicated agency. Please note that floor plans prioritize the actual current condition of the property.

The apartment is situated in a Second Category Medium-to-High-Rise Exclusive Residential Zone. It is conveniently accessible, with Keihan Electric Railway's Minami-Osaka Line stations within walking distance: Eganoshi Station is a 9-minute walk, Kawachi-Matsubara Station is 13 minutes, and Takawashi Station is 23 minutes. The area provides a balanced residential environment with excellent connectivity to central Osaka.