Investment Opportunity: 3DK Property in Higashiosaka with Strong Rental Yield
This property presents a compelling investment opportunity in the vibrant city of Higashiosaka, Osaka Prefecture. The 3DK layout offers a functional living space with a total floor area of 84.23 square meters spread across three stories. Constructed in October 1984 with a steel frame structure, the building is currently tenanted, providing immediate rental income. The property is strategically located just a 5-minute walk from Kintetsu Osaka Line's Shuntokumichi Station, with JR Shuntokumichi Station on the JR West Osaka Higashi Line also within a 397-meter radius, ensuring excellent connectivity.
Key features and equipment of the property include a system kitchen, counter kitchen, IH cooking hob, gas hob, bath with reheating function, bathroom dryer, washbasin with shower, washlet toilet seat, walk-in closet, storage in all rooms, TV monitor door phone, and underfloor heating. Notable characteristics are its all-electric system, barrier-free design, south-facing orientation, and included parking. Additional amenities include connection to the public sewer system and a balcony.
According to agent remarks, this is an owner-change property with a high yield of 10.2%. The current monthly rent is 85,000 yen, generating an annual income of 1,020,000 yen. The property faces south, a desirable feature in Japan for warmth and efficient drying of laundry. The land area is 37.89 square meters (based on official registry) and the property is situated in a Type 1 Residential Zone.
The Higashiosaka area is a major industrial and manufacturing hub, historically known as the "City of Monozukuri" (manufacturing). An interesting local landmark is the Shuntokumichi Station area itself, named after the legendary loyal retainer Shuntoku, adding a layer of historical narrative to the locale. For recreation and culture, residents can easily visit the Shoryudo Memorial Hall, located approximately 1.3 kilometers away, which is dedicated to the famous Japanese historical novelist.
