Spacious 3-Storey Investment Property in Osaka's Abeno Ward

This property is a three-storey steel-framed house built in June 1998, currently tenanted and available for immediate purchase. The total floor area is a generous 83.12 sqm (approximately 25.14 tsubo) arranged in a 2LDK layout. The land area is 61.69 sqm (approximately 18.66 tsubo), with an additional 6.42 sqm of private road area. The building features dual-aspect lighting, ensuring a bright and airy interior. The property is situated on a flat plot within a Category I Residential Zone, with a building-to-land ratio of 80% and a floor area ratio of 300%. Access is from two sides (excluding corner lots): a 6m wide public road to the north and a 3.3m wide private road to the south. The property is already set back and is eligible for reconstruction.

As an investment, this property offers a projected annual rental income of 1,080,000 yen, yielding an estimated return of 3.39%. The owner is willing to change, facilitating a smooth transaction. The property is conveniently located within a 6-minute walk from Teradacho Station on the Osaka Loop Line, a 7-minute walk from Kawahoriguchi Station on the Kintetsu Minami-Osaka Line, and a 12-minute walk from the major hub of Tennoji Station.

The surrounding Abeno area is a vibrant and well-connected district of Osaka. An interesting local fact is that the nearby Abeno Harukas is Japan's tallest building, standing at 300 meters and offering spectacular panoramic views from its observation deck. The area is a major commercial and transportation hub, with the historic Shitennoji Temple, one of Japan's oldest officially administered temples, located just a short distance away, providing a beautiful blend of modern city life and ancient culture.