Investment Opportunity in Osaka's Juso District: A 2LDK Apartment with Strong Rental Yield

This property is a 2LDK apartment located in the vibrant Juso district of Osaka's Yodogawa Ward. The apartment is situated on the 2nd floor of a 5-story reinforced concrete (RC) building constructed in February 1975. The unit offers a private floor area of 48.79 sqm (approximately 14.75 tsubo), featuring a layout with a 10-tatami mat LDK (Living-Dining-Kitchen), a 7.8-tatami mat Western-style room, and a 4.5-tatami mat Western-style room. A 6.26 sqm balcony is also included.

Translated from the agent's notes, the property's equipment includes a dedicated toilet, separate bath and toilet, shower, washroom, washbasin, storage space, indoor laundry machine placement, flooring, city gas, water supply, sewerage, hot water supply, elevator, and a paid bicycle parking lot (annual fee of 1,200 yen). Motorcycle parking is not available. A special note indicates that the security deposit and guarantee money are non-refundable. The property is currently tenanted, generating a projected annual rental income of 1,188,000 yen, which translates to a surface yield of approximately 6.71%. The management fee is 15,500 yen per month, and the repair reserve fund is 5,530 yen per month. There is no parking space included with the unit.