Compact South-Facing Detached House in Yao City, Osaka
This detached house is located in the Takasago-cho area of Yao City, Osaka Prefecture. The property sits on a land area of 46.30 square meters (approximately 14.03 tsubo) with a building area of 56.7 square meters (approximately 17.15 tsubo). Originally constructed in February 1976, the building is approximately 49 years old and is currently vacant.
The property faces a south-facing road, which ensures good natural light enters the home. The site meets the road requirements necessary for rebuilding. The property is situated in a designated Category 2 Medium-to-High-Rise Residential Zone, with a building coverage ratio of 60% and a floor area ratio of 200%. It is accessed via a specified road (位置指定道路), and reconstruction is possible.
The nearest public transport option is the "Miyanogo" bus stop, which is a 2-minute walk (approximately 160 meters) from the property. The bus stop serves routes connecting to Kawachi-Yamamoto Station on the Kintetsu Osaka Line. The official land price (路線価) for the area is listed at 53,000 yen per square meter.
For investors, the property offers a potential gross yield of over 13%, depending on the extent of renovation undertaken. It is also suitable for residential use. Please note that according to hazard maps, this area is projected to experience flooding of up to approximately 50 centimeters. Prospective buyers are advised to verify this information independently.