Compact Investment Apartment in Osaka's Vibrant Minami-Horie District
This property is a 1K layout condominium for sale, located on the 4th floor of an 11-story reinforced concrete (RC) building constructed in March 2008. The unit features a wall-core exclusive area of 25.11 square meters (approximately 7.59 tsubo) and includes a 4.23 square meter balcony with a northeast-facing primary exposure. The building is equipped with key security features including an auto-lock system, a monitor-equipped intercom, security cameras, and a parcel delivery box. The unit is a corner room, offering additional light and privacy.
The property is currently tenanted, providing an immediate investment opportunity with a projected annual rental income of 798,000 yen and an estimated annual yield of 5.39%. The monthly running costs include a management fee of 6,800 yen and a repair reserve fund of 1,380 yen. The building's management is fully entrusted to a management union, with services provided by Nihon Building Service Co., Ltd. The property comes with defect insurance and a performance evaluation.
Located in Osaka's trendy Minami-Horie area in Nishi Ward, this apartment offers excellent urban convenience. The area is renowned for its fashionable boutiques, cafes, and vibrant street culture, blending traditional Osaka charm with modern trends. A major landmark nearby is the Osaka Dome (Kyocera Dome Osaka), a premier venue for concerts and sports events, located just a short distance away, adding to the area's dynamic atmosphere.
