Compact Investment Property in Daito City, Osaka
This property is a two-story wooden house built in December 1970, offering a 2LDK layout with a total floor area of 42.43 square meters on a 44.05 square meter land plot. It is currently tenanted, presenting an opportunity for investment with a stated yield of 9.5%. The property is conveniently located just a 10-minute walk from JR Katamachi Line's Nozaki Station, providing easy train access.
Key features and equipment of the house include a system kitchen, counter kitchen, IH cooktop, gas cooktop, bath with reheating function, bathroom dryer, washbasin with shower attachment, bidet toilet seat, walk-in closet, storage in all rooms, TV monitor intercom, and underfloor heating. The property is all-electric, barrier-free, south-facing, and includes parking. Other utilities include public water supply and sewer, and a balcony.
Special notes indicate the property is subject to a lease agreement from October 2022. The annual fixed asset tax is approximately 15,600 yen. The property faces south on a 4.5-meter wide public road with a frontage of 2.6 meters. The land is zoned Quasi-Industrial within an Urbanization Promotion Area, with a building-to-land ratio of 60% and a floor area ratio of 200%.
The surrounding Daito City area in Osaka offers a blend of residential convenience and local charm. An interesting local fact is that the area is known for its deep historical roots in traditional Japanese puppet theater, Bunraku. For a major tourist attraction, visitors can explore the iconic Osaka Castle, a magnificent historic landmark approximately a 30-minute train and subway ride away, renowned for its museum and surrounding park.