Resale Investment Apartment in Osaka's Umeda District

This property is a 1K apartment located on the 4th floor of a 13-story reinforced concrete condominium building named "Reshalle Ash Umeda Luxe" in Osaka's bustling Kita Ward. The unit offers a compact 23.94 sqm (approximately 7.24 tsubo) of private space with an east-facing orientation and a 2.88 sqm balcony. Built in August 2011, the building features a total of 61 units and is managed by Holmes Building Management Co., Ltd.

This is an owner-change property currently under a tenancy agreement. The current monthly rent is 64,200 yen with a monthly common area fee of 10,000 yen. The property also incurs a monthly management fee of 6,440 yen and a repair reserve fund contribution of 2,390 yen. The listing includes important notes regarding the investment potential. The yield is calculated as 4.5%, which represents the annual rental income (including common area fees) as a percentage of the sale price, before deducting taxes, public charges, and other necessary maintenance costs. This assumed rent and yield are calculated based on market rent rates, adding rent for any vacant portions to simulate full occupancy. It is crucial to note that rental income is not guaranteed to be reliably obtained in the future. (Survey date: April 4, 2026).

Furthermore, a special remark states: "Currently rented (tenant contract transfer required). As this property is currently tenanted, interior viewings are not possible. There is a possibility of discrepancies between the original subdivision pamphlet floor plan and the current condition, such as layout changes."

The apartment is situated in the Nishitemma area, a vibrant commercial and business district within easy reach of Osaka's major hubs. It is within a 7-minute walk from Minami-morimachi Station on the Osaka Metro Tanimachi Line, a 9-minute walk from Higashi-Umeda Station, and a 10-minute walk from Kitashinchi Station on the JR Tozai Line. The area is known for its mix of modern offices and traditional shops. An interesting local landmark is the Osaka Museum of Housing and Living in nearby Temma, which offers a fascinating recreation of Osaka's townscape from the Edo to Showa periods, allowing visitors to step back in time.