Investment Opportunity in Osaka's Quiet Residential Area
This property is a 4LDK apartment located on the 1st floor of a 10-story building in the Kozandaicho 1-chome area of Izumi City, Osaka Prefecture. Built in December 1980, the apartment features a generous wall-core exclusive area of 95.79 sqm (approximately 28.97 tsubo). The building is a sturdy SRC (steel-framed reinforced concrete) structure. The property is currently tenanted, making it an immediate investment opportunity with an estimated annual rental income of 840,000 yen and a projected yield of 11.5%. The transfer of ownership is planned, and the handover timing is negotiable.
Key equipment and features include a system kitchen and an indoor space for a washing machine. The property is managed under a full-consignment, daytime management system. It is situated within a Category I Medium-to-High-Rise Exclusive Residential Zone. The monthly running costs consist of a 10,500 yen management fee and a 12,000 yen repair reserve fund. Parking is available under 'other' arrangements. The transaction is handled under an exclusive dedicated agency.
The neighborhood offers convenient daily amenities, with shopping facilities like Matsugen Kozandaicho Store within 1.3km. The area is well-served by public institutions, including Izumi Municipal Kozandaikita Elementary School (231m) and Izumi Municipal Kozandaicho Junior High School (928m). For transportation, the nearest major station is Nankai Electric Railway's Semboku Line Kozandaicho Station, which is a 38-minute walk or a 15-minute bus ride plus a 2-minute walk from the Kozandaicho 1-chome Nishi bus stop.
Izumi City is a suburban residential area of Osaka known for its peaceful living environment. An interesting local fact is that the city is home to the Izumi Sunflower Field, one of the largest in the Kansai region, which blooms spectacularly every summer. The closest major tourist attraction is the historic Kishiwada Castle, located approximately 15 kilometers north in Kishiwada City. This well-preserved castle, famous for its dramatic stone walls and annual Danjiri festival, offers a glimpse into the region's samurai past.
