Investment Opportunity in Osaka: A Well-Equipped 4DK House Near Minato Station
This property presents a compelling investment opportunity as a currently tenanted house located in Osaka's Sakai Ward. Priced at 10.8 million yen, this three-story wooden structure was built in June 1978 and offers a total floor area of 72.90 square meters on a 44.16 square meter land plot. Its key selling point is its location, being approximately an 8-minute walk from Minato Station on the Nankai Main Line, providing convenient access to central Osaka.
Translated agent notes on equipment and features reveal a well-appointed home. The kitchen is equipped with a system kitchen, counter kitchen, and an IH cooktop. The bathroom features a reheating function, a bath dryer, a washbasin with a shower, and a washlet toilet. Indoor amenities include a walk-in closet, storage in all rooms, a TV monitor door phone, and underfloor heating. Notable property characteristics are that it is all-electric, barrier-free, south-facing, and includes a parking space. Utilities are served by public waterworks, city gas, and sewer systems. A special note indicates the property is currently tenanted at 75,000 yen per month, yielding a surface return of approximately 8.3%.
The area of Sakai is rich with history, once serving as the site of one of Japan's largest ancient burial mounds. For recreation, residents can easily visit the iconic Osaka Castle, a major national landmark and museum located within a reasonable train journey from Minato Station, offering a glimpse into Japan's feudal past and beautiful park grounds.