Compact and Convenient Investment Apartment in Osaka's Dynamic East Yodogawa Ward
This well-maintained 1K apartment, built in June 2016, offers a prime investment opportunity in a highly accessible area of Osaka. The property features a compact yet functional layout with a total floor area of 22.03 square meters (approximately 6.66 tsubo) and includes a balcony on the east-facing side, providing natural light. It is situated on the 2nd floor of a modern 15-story reinforced concrete (RC) building that houses 186 units. The property is currently tenanted, ensuring immediate rental income, with projected annual revenue of 735,300 yen and an estimated yield of 5.4%. Management is fully delegated to a professional company, Japan Housing Management, and the building benefits from a condominium association and a circulating superintendent.
Key equipment and features include city gas. Special notes indicate an owner change is scheduled, and the transaction is handled as an intermediary. The floor plan prioritizes the current condition. The monthly running costs consist of a 4,960 yen management fee and a 1,320 yen repair reserve fund. There is no key money or deposit required for the tenant. The property comes with defect insurance and a performance evaluation.
The location is exceptionally convenient, just a 5-minute walk from Shin-Osaka Station, providing direct access to the Osaka Metro Midosuji Line and the JR Tokaido Main Line. This makes travel to central Osaka, Umeda, and beyond incredibly efficient. The area around Shin-Osaka is a major transportation hub, not just for the city but for the entire Kansai region and Japan via the Shinkansen. An interesting local fact is that the Shin-Osaka Station area has undergone significant redevelopment, blending business facilities with new residential and commercial spaces, creating a vibrant urban sub-center. The closest major landmark is the iconic Umeda Sky Building, a spectacular twin-tower complex with a floating garden observatory offering panoramic views of Osaka, located just a few stops away on the Midosumi Line.
