Investment Opportunity in Suita: A Fully Renovated Two-Storey House Near Shojaku Station
This property presents a compelling investment opportunity in the well-connected city of Suita, Osaka. A two-storey wooden house built in January 1967, it underwent a full renovation in March 2021, transforming it into a modern living space. The property is currently tenanted, offering immediate rental income.
According to the agent's notes, the property features a 1R layout with a total floor area of 34.50㎡ (internal measurement) on a 23.78㎡ land plot. Key equipment and features include a system kitchen, counter kitchen, IH cooktop, gas cooktop, bath with reheating function, bathroom dryer, washbasin with shower, washlet toilet seat, walk-in closet, storage in all rooms, TV monitor door phone, and underfloor heating. The property is also noted as being all-electric, barrier-free, south-facing, and includes a parking space. Utilities are supplied by public waterworks, city gas, and sewer systems.
The location is a major advantage, situated just a 5-minute walk from Shojaku Station on the Hankyu Kyoto Line. The area offers convenient daily living with a convenience store within a 405m radius (approx. 6-minute walk). The property boasts a strong financial profile with a surface yield of 8.24% and annual revenue of 1,236,000 yen. The current rental income is 50,000 yen per month for the first floor and 53,000 yen per month for the second floor, plus management fees and utility costs. The location also provides 2-way access, with JR Kishibe Station approximately a 13-minute walk away.
Suita is a vibrant city in Osaka Prefecture, home to the iconic Suita City Football Stadium, where the J-League's Gamba Osaka plays. A major landmark easily accessible from this property is the expansive Expo '70 Commemorative Park, the site of the 1970 Japan World Exposition, featuring beautiful gardens, museums, and the iconic Tower of the Sun.
