Compact Investment Apartment in Osaka's Vibrant Miyakojima Ward
This property is a 1K layout apartment located on the 11th floor of an 11-story SRC (steel-framed reinforced concrete) building constructed in February 1988. The unit offers a private area of 29.52 sqm (approximately 8.92 tsubo) and features a 1.35 sqm balcony with southern exposure for ample natural light. The building is managed under a fully outsourced, patrol-based system.
Translated from the agent's notes, the property comes with several key features and conditions. It is a guaranteed rental income property under a sub-lease contract, providing peace of mind for investors even when the unit is vacant. The monthly management fee of 6,000 yen is borne by the management company. A monthly administrative handling fee of 648 yen applies. The property is currently tenanted, with an owner change planned. The projected annual rental income is 552,000 yen, yielding an estimated annual return of 5.52%. The property includes city gas. The transaction is handled as an intermediary.