Estem Court Umeda Tenjinbashi Riverfront: A Prime Investment Apartment in Osaka
This property is a 1K apartment located on the 10th floor of a 13-story reinforced concrete building in Nagara Nishi, Kita-ku, Osaka. With a private area of 20.62 sqm (approximately 6.23 tsubo), the south-facing unit was built in June 2007. It is currently tenanted, generating a monthly rent of 53,200 yen with a monthly common area fee of 8,430 yen. The property is offered for sale at 15.5 million yen. The building is conveniently accessible within an 11-minute walk from three stations: Osaka Metro Tanimachi Line's Tenjinbashisuji Rokuchome Station, Osaka Metro Sakaisuji Line's Tenjinbashisuji Rokuchome Station, and Hankyu Senri Line's Tenjinbashisuji Rokuchome Station.
Critical agent notes have been provided. Regarding the yield: "The yield is the ratio of annual rental income (including common area fees, etc.) to the sales price, before deducting public charges and other expenses necessary to maintain the property. Furthermore, the assumed rent and assumed yield are calculated based on market rent, adding rent for vacant portions and assuming full occupancy." It is also explicitly stated that "Rental income is not guaranteed to be reliably obtained in the future. (Survey date: As of March 5, 2026)."
An additional crucial note states: "Currently tenanted (Tenancy agreement takeover required). As this property is currently tenanted, interior viewings are not possible. There may be discrepancies between the original sales pamphlet floor plan and the current condition, such as layout changes." Monthly fees include a management fee of 5,970 yen and a repair reserve fund of 3,930 yen. The balcony measures 3.3 sqm, and there is no available parking.
The area of Kita-ku is a dynamic central ward of Osaka, known for the bustling Umeda business and shopping district, as well as the long, vibrant Tenjinbashisuji Shopping Street. An interesting local fact is that the ward is home to the Osaka Museum of Housing and Living, which features a full-scale recreation of an Edo-period townscape. The closest major landmark is the iconic Umeda Sky Building, a spectacular twin-tower structure with a floating garden observatory offering panoramic views of the city.
