Spacious 1K Apartment in Osaka's Taisho Ward with Investment Potential
This property is a well-maintained 1K apartment located on the 6th floor of a 10-story reinforced concrete (RC) building constructed in April 2016. The unit offers a wall-core exclusive area of 25.2 square meters (approximately 7.62 tsubo) and includes a 3.25 square meter balcony facing north for natural light. The building is managed by a homeowners' association with a fully outsourced, patrol-based management system.
Key financial details highlight its investment appeal. The property is currently tenanted, with an estimated annual rental income of 756,000 yen, yielding a projected annual return of 4.2%. Monthly fees include a 6,500 yen management fee and a 1,000 yen repair reserve fund. The sale price is 17,900,000 yen. The building complex comprises 108 units. The property comes with a defect insurance guarantee and a performance evaluation. The land is designated for Quasi-Industrial use and is covered by the Land and Building Transaction Law. Please note that floor plans prioritize the current layout.
The apartment is situated in Osaka's Taisho Ward, a district with a rich industrial and port history along Osaka Bay. An interesting local fact is that the area was significantly developed during the early 20th century and was officially named 'Taisho' in 1925, coinciding with the end of the Taisho era. The property is conveniently located just a 6-minute walk from Osaka Metro's Nagahoritsurumiryokuchi Line's Taisho Station, providing excellent access to central Osaka. The closest major landmark is the iconic Osaka Castle, a historic fortress and popular tourist destination surrounded by expansive parklands, easily accessible via the metro system.
