Investment Opportunity: Modern Garage House in a Quiet Residential Area of Tondabayashi
This property presents a unique investment opportunity as a modern garage house located in a quiet residential area of Tondabayashi City, Osaka Prefecture. Built in October 2022, this two-story wooden structure offers a 1LDK layout with a total floor area of 83.27 sqm, situated on a corner plot of land of the same size. The property is currently tenanted, providing an immediate annual rental income of 1,164,000 yen, which translates to a projected yield of 3.66%.
Key features include a bright northwest-facing corner location, a spacious 13-tatami mat LDK area, and a 6-tatami mat Western-style room. The property is equipped with two free parking spaces, including a shutter garage. The building has passed inspection and comes with a defect warranty. The equipment list is comprehensive, featuring a system kitchen with independent layout, dishwasher and dish dryer, heated toilet seat with bidet function, automatic bath with re-heating capability, bathroom dryer and heater, shower-equipped vanity, double-pane windows, monitor-equipped intercom, electric shutters, and flooring and storage in all rooms. The property is also noted for its barrier-free design.
The location is a quiet residential neighborhood within walking distance of Osaka Sayama City Station on the Nankai Koya Line (approximately 12 minutes on foot). The area is part of Osaka's suburban belt, offering a peaceful living environment while maintaining good access to the wider Kansai region. An interesting local fact is that Tondabayashi is home to one of Japan's oldest mosques, the Tondabayashi Mosque, built in 1935, reflecting the area's historical international connections. The closest major landmark is the iconic Osaka Castle, a historic symbol of the region located within a reasonable train journey from the local station.