Investment Opportunity: Spacious 3DK Apartment in Sakai, Osaka
This property is a 55 m² (approximately 16.63 tsubo) 3DK apartment for sale, located on the 2nd floor of a 4-storey reinforced concrete (RC) building constructed in December 1975. The apartment is situated in a corner unit, offering additional light and privacy, and utilities include city gas and a water heating system. The building is managed under a full委托 (entrusted) management system with a daytime manager.
Currently tenanted, this unit presents a turnkey investment opportunity. The annual projected rental income is 780,000 yen, yielding an estimated annual return of 13.44%. Monthly costs include a 9,200 yen management fee and a 10,000 yen repair reserve fund. A parking space is available for an additional 600 yen per month. The property comes with an owner change plan already in place and is covered by defect insurance (瑕疵保険).
The apartment is located in the Higashi Ward of Sakai City, Osaka Prefecture. The area is designated as a Category I Medium-to-High-Rise Exclusive Residential Zone. The nearest major transport link is Nankai Electric Railway's Koya Line, with Noseda Station approximately a 14-minute walk away. The area offers a blend of residential calm and urban convenience. An interesting local fact is that Sakai City, historically, was a major center for the production of high-quality Japanese swords and is also renowned as the birthplace of the tea master Sen no Rikyū. The closest major landmark is the iconic Osaka Castle, a historic fortress and popular tourist destination located within a reasonable train journey from the area.
