Investment Property in Osaka's Nose Town with Established Rental Income
This property is a two-story wooden house located at 151-550 Shukuno, Nose Town, Toyono District, Osaka Prefecture. It is situated within the Nose Neopolis residential area, a 5-minute walk from the Hiaraishi bus stop, providing access to local transportation.
The property is currently tenanted, generating a stable annual income of 420,000 yen with a monthly rent of 35,000 yen, resulting in a surface yield of approximately 11.05%. It was built in April 1992 (Heisei 4), making it 35 years old. The total floor area is 70.47 square meters with a land area of 101.45 square meters (official register). The layout is a 3DK, and all rooms are 6 tatami mats or larger.
Key features and equipment include an all-electric system for cooking and hot water, which reduces fire risk. The home boasts an independent washbasin, convenient for makeup and hair styling. Other notable equipment includes a system kitchen, IH cooktop, bath with reheating function and dryer, shower-equipped vanity, washlet toilet, walk-in closet, storage in all rooms, a TV monitor intercom, and underfloor heating. The property is also described as barrier-free and south-facing.
Renovations were carried out in October 2011 (Heisei 23), including exterior wall and roof painting, a new kitchen, wall covering replacement throughout, and tatami mat resurfacing. The property includes one free parking space. The seller's liability for non-conformities is exempted, and there are vehicle restrictions for the parking space.
