Affordable Terrace House Investment Opportunity in Osaka
This property presents a rare opportunity to acquire a compact, two-story wooden terrace house in the residential neighborhood of Hanazononishimachi, Higashiosaka City, Osaka Prefecture. Built in January 1964 (Showa 39), the house is currently vacant and offers a 4K layout with a total floor area of 41.14 square meters on a land plot of 41.75 square meters. The property is positioned as an attractive investment for rental income, with its affordable price point and functional design.
Key features and equipment notes from the agent highlight the property's condition and potential. The house includes a Western-style toilet and a unique storage shed with a traditional "doma" (earthen floor) area, allowing for storage without worrying about dirt. One of the Japanese-style rooms features a balcony, adding a pleasant outdoor space. The property is connected to public water supply, city gas—which is noted as being relatively inexpensive and environmentally friendly—and a sewer system. The front road on the north side is approximately 4 meters wide and has low traffic volume, ensuring safe and easy access. A special note from the agent mentions that there is an animal odor present (※獣臭有り) and that there is a private road burden, the details of which are under investigation (※私道負担有（調査中）).
The location is highly convenient, situated within a 7-minute walk from Kawahanaen Station on the Kintetsu Namba/Nara Line, providing direct access to central Osaka and Nara. The immediate vicinity offers all essential daily amenities, including a convenience store just 318 meters away, supermarkets, a drugstore, and a shopping facility called "Pazapa Hanazono." The area of Higashiosaka is part of the greater Osaka metropolitan region, known for its vibrant manufacturing industry and historical significance as a center for small and medium-sized enterprises. An interesting local fact is that Higashiosaka is sometimes called the "City of Monozukuri" (manufacturing) and is home to countless small factories producing a wide array of components. For a major tourist attraction, visitors can easily take a short train ride to the iconic Osaka Castle, a magnificent historic landmark surrounded by parklands, which symbolizes the power and prestige of the Toyotomi clan.
