Investment-Grade Apartment in Osaka's Central Ward
This property is a well-located apartment for sale in Osaka's vibrant Central Ward. The apartment is currently tenanted, providing immediate rental income, with an annual projected rental income of 684,000 yen and a yield of 6.64%. The unit is situated on the 11th floor of an 11-story reinforced concrete (RC) building constructed in August 1999. It offers a compact 1K layout with a wall-core exclusive area of 18.375 square meters (approximately 5,558.44 tsubo) and includes a 3-square-meter south-facing balcony.
Key building features and equipment, as noted by the agent, include under-floor storage, an indoor washing machine space, an auto-lock security system, an elevator, and a parcel delivery box. The building management is fully entrusted with a daytime manager. The property comes with an inspection report, defect warranty, defect insurance, and a performance evaluation. The sale is being handled as an intermediary transaction.
The location is highly convenient, within a 7-minute walk from Nagahoribashi-tsurumiryokuchi and Tanimachi Rokuchome subway stations, providing excellent access to Osaka's extensive metro network. The immediate area offers daily necessities with a LIFE supermarket just 128 meters away and a FamilyMart convenience store within 329 meters. For an interesting local fact, the area is part of the historic Uemachi Plateau, one of Osaka's oldest continuously inhabited districts. The closest major landmark is the iconic Osaka Castle, a stunning historical park and museum easily accessible from the nearby stations, offering a glimpse into the city's samurai past.
