Century Yamashige: A Well-Established Investment Apartment in Matsubara, Osaka
This listing presents a solid investment opportunity in the form of a 3DK apartment within the Century Yamashige building, located in Matsubara City, Osaka Prefecture. The property is currently tenanted, providing immediate rental income, with an annual projected rental revenue of 660,000 yen and an impressive estimated yield of 12%. The apartment is situated on the 5th floor of an 8-story reinforced concrete (RC) building constructed in December 1973.
The unit offers a comfortable living space with a wall-core exclusive area of 59.87 sqm (approximately 18.11 tsubo) and features a balcony. The monthly management fee is 12,000 yen, and there is no repair reserve fund. The building is managed under a fully entrusted,巡回 (rotating) management system. The property transaction is handled under an exclusive dedicated intermediary arrangement. Please note that floor plans prioritize the current condition of the property.
The location is highly convenient, with Kintetsu Minami-Osaka Line's Eganosho Station just an 8-minute walk away. The surrounding area is designated as a Category II Medium-to-High-Rise Exclusive Residential District. The property comes with a defect insurance guarantee. The closest major landmark is the historic Shitennoji Temple, one of Japan's oldest officially administered temples, founded in 593 by Prince Shotoku, located a short train ride away in Tennoji Ward.
