Property Overview: Terrace House in Minatosei 3-Chome, Osaka
This is a two-story wooden terrace house located in the Minatosei 3-chome area of Minato Ward, Osaka City. The property offers a total floor area of 35.58 square meters on a 21.22 square meter plot. The layout is a 1K (one room plus kitchen), suitable for a single occupant or as an investment property. The building was constructed in July 1978, making it 48 years old. The land is under freehold ownership (all rights). The property is situated in a city planning area designated as a Category 1 Residential Zone, with a building coverage ratio of 80% and a floor area ratio of 200%. The site is flat and faces a southwest direction onto a public road with a width of 8.0 meters, with a frontage of 2.7 meters. There is no required setback.
The property is currently being rented out under an owner-change (オーナーチェンジ) arrangement, generating a monthly rent of 50,000 yen (excluding tax), yielding a gross return of approximately 10.1%. The property is equipped with a system kitchen, a counter kitchen, an IH cooking stove, and a gas stove. Bathroom features include a reheating function (追い焚き), a bathroom dryer, and a shower-equipped vanity. The toilet has a heated seat with a bidet function (washlet). Interior features include a walk-in closet, storage in all rooms, a TV monitor intercom, and underfloor heating (床暖房). The property is all-electric (オール電化), barrier-free, south-facing, and includes parking. Other amenities include public water supply, sewer connection, and a balcony.
The property is located approximately a 9-minute walk from Asashio-bashi Station on the Osaka Metro Chuo Line, in the Minato Ward area of Osaka City, Osaka Prefecture. Nearby amenities include a convenience store within a 4-minute walk (270 meters), a supermarket 590 meters away, and an elementary school 330 meters away.
