Investment Opportunity in Osaka's Umeda District: Tenmabashi View Heights
This property presents a compelling investment opportunity in the heart of Osaka. Located in Osaka City's bustling Kita Ward, this 2DK apartment is situated on the 8th floor of a 13-story building constructed in February 1978. The unit offers a wall-core exclusive area of 42.87 sqm (approximately 12.96 tsubo) and features a south-facing balcony of 6.16 sqm. The building is a sturdy steel-reinforced concrete (SRC) structure with a total of 95 units and is managed by Tokyu Community Inc. on a full-consignment, daytime-staff basis.
Key equipment and features include an indoor washing machine space and city gas. Special notes indicate this is an owner-change property, currently tenanted. The projected annual rental income is 720,000 yen, with an estimated simple yield of 4.28%. Important remarks clarify that rental income and yields are not guaranteed for the future. Rent figures are based on current rates for occupied units and projected market rates for others. The yield calculation does not deduct expenses like property taxes or management fees. The security deposit follows the Kansai style, and a guarantor is required (no guarantee company). The contract includes an indoor equipment repair liability waiver, and the judicial scrivener is designated by the agency. The transaction mode is general mediation.
