Terrace House Investment Opportunity in Settsu City

This property is a two-story wooden terrace house located at 10, Torikai Shinmachi 2-chome, Settsu City, Osaka Prefecture. It is currently listed for sale at 3,000,000 yen and is presented as an owner-change investment opportunity with a stated gross yield of 13.4%. The property is currently tenanted.

The house has a total floor area of 55.94 square meters with a 3DK layout. All rooms are noted to be 6 tatami mats or larger in size, providing spacious living areas. A key feature is that every room includes built-in storage, helping to maximize usable living space. The second floor benefits from balconies on two sides, ensuring excellent ventilation. The overall layout is described as being easy for furniture arrangement.

Externally, the property features a gate, enhancing privacy for residents. The surrounding area is flat, facilitating smooth walking and cycling. Convenience stores and drugstores are within a 10-minute walk. Access to public transport involves a 16-minute bus ride from Hankyu Kyoto Line's Ibarakishi Station to the Ryutsu Center-mae bus stop, followed by a 9-minute walk. The bus also provides access to the Tokaido Main Line's Ibaraki Station in approximately 22 minutes.

Nearby amenities include Torikai Higashi Elementary School within a 6-minute walk and Dai-go Junior High School within a 7-minute walk. The listing agent, Will Fudosan Hanbai Ibaraki Office, highlights that their company has specialized departments for renovations and loans, offering comprehensive support to potential buyers. The property was built in April 1979, making it 48 years old.