Compact Investment Apartment in Osaka's Nishi Ward
This property is a compact 1K apartment located on the 3rd floor of a 10-story reinforced concrete (RC) condominium building constructed in March 1998. The unit offers a wall-core exclusive area of 18.25 sqm (approximately 5.52 tsubo) and is currently tenanted, providing an immediate rental income stream. The annual projected rental income is 624,000 yen, yielding an attractive projected annual return of 6.11%. The building is professionally managed with a full-consignment, daytime management system.
Key financial details include a purchase price of 10,200,000 yen, with monthly management fees of 9,115 yen and a nominal monthly repair reserve fee of 1 yen. The property is being sold with an owner change planned. The building features a total of 50 units. The transaction is handled as an intermediary, and the listing agent requests that inquiries be made via email, as they will send the map information directly.
The apartment is situated in Osaka's Nishi Ward, within a commercial zone. It is conveniently located within a 10-minute walk from the Kyujo Station on the Osaka Municipal Subway Chuo Line. The surrounding area offers daily necessities with convenience stores like Seven-Eleven nearby. For leisure and tourism, the historic Kujima-in temple is located approximately 448 meters away, offering a glimpse into local culture and history. The property represents a practical investment opportunity in a well-connected urban area of Osaka.
