Charming Terrace House in Osaka's Tsurumi Ward

According to the agent's notes, the property is currently tenanted, generating a monthly rent of 145,000 yen, which results in a gross yield of 10.23%. When the ground rent is included, the yield is 8.9%. The property operates on an all-electric system and includes features such as a system kitchen, IH cooktop, bath with reheating function and dryer, shower-equipped vanity, washlet toilet, walk-in closet, storage in all rooms, a TV monitor-equipped doorphone, and underfloor heating. It is also described as barrier-free and south-facing. A free parking space for one car is available.

Additional important notes from the listing include: The property is subject to the Landscape Act and is in a quasi-fire prevention zone. The key money (reikin) is 216,000 yen, and there is a name change fee of 200,000 yen. The ground rent (shakuchi-ryou) is 18,000 yen per month for a 20-year lease term under ordinary superficies rights. The seller is exempt from liability for contract non-conformities, and the property will be delivered in its current condition ("genjou yuushi"). There is an unregistered extension on the property, and the use of a specified judicial scrivener is required for the transaction.

The surrounding Tsurumi area is a well-established residential district in Osaka. An interesting local fact is that the nearby Hanaten Station area has historically been a key transportation node, connecting eastern Osaka. For recreation and tourism, residents are within easy reach of central Osaka's world-famous attractions, including the bustling districts of Dotonbori and Shinsaibashi, the iconic Osaka Castle, and the thrilling rides at Universal Studios Japan.