Investment Opportunity in Omi-Hachiman Dream Mansion

This 2DK apartment in Omi-Hachiman Dream Mansion Building B offers a compelling investment opportunity with its attractive 20% gross yield. The property is currently occupied, and viewings can be arranged by contacting the agent to schedule a convenient date. The financial details are clearly outlined: monthly income consists of 35,000 yen in rent plus 4,000 yen in common service fees, totaling 39,000 yen. Annual income reaches 468,000 yen, and with a selling price of 2,340,000 yen, the gross yield calculation is 468,000 yen ÷ 2,340,000 yen × 100 = 20%. The seller is exempt from liability for contract non-conformities. Additionally, there is a fixed water and sewerage basic usage charge of 5,733 yen (5,212 yen excluding tax) every two months, regardless of actual usage.

Built in 1974, this 31.48 square meter apartment features a 2DK layout with north-facing exposure. The reinforced concrete building spans four stories with 48 total units. Parking is available for 4,000 yen per month, and the property includes a bicycle parking area. Located on the second floor, the unit benefits from public water supply, propane gas, and sewer systems. The building management includes a巡回 (rotating) caretaker system, with partial duties delegated to the management company, Dai-Sei Sangyo Co., Ltd.

Omi-Hachiman is a historic city in Shiga Prefecture, known for its well-preserved Edo-period merchant district and canals, which were originally built by the warlord Toyotomi Hideyoshi. The area offers a unique blend of traditional scenery and modern convenience. A major local landmark is Hachiman-bori, the picturesque canal district that provides a glimpse into Japan's feudal past and is a popular tourist destination for its traditional architecture and boat tours.