Renovated Terrace House in Daito City with Investment Potential
This property is a renovated terrace house located in Daito City, Osaka Prefecture. The house was built in September 1975 and underwent significant interior renovations in October 2019. These renovations included updates to the kitchen, bathroom, and toilet, as well as new flooring and wallpaper throughout all rooms. The property features a 2LDK layout, which includes two Japanese-style rooms of 2 tatami mats each, and a balcony. The total building area is 52.92 sqm (approximately 16 tsubo) on a land area of 41.18 sqm (approximately 12.45 tsubo). The structure is a two-story wooden building.
Key equipment and features include storage in all rooms, lighting fixtures, a monitor-equipped intercom, a dimple key, fire alarms, propane gas, electricity, and water and sewage systems. Special notes indicate the front of the building is unobstructed, and the plot is regularly shaped. The property is currently vacant and available for immediate handover. It is presented as an investment opportunity with an estimated annual rental income of 612,000 yen and a projected yield of 9.41%.
The area of Daito City offers a blend of residential calm and accessibility. An interesting fact is that Daito City is known for its historical connection to kofun (ancient burial mounds), with several preserved within the city limits. The closest major landmark is the expansive Nagai Botanical Garden, located a short drive away, which is famous for its seasonal flower displays and large greenhouse.
