Premist Tower Osaka Shinmachi Laurel Court: A High-Rise Investment with Panoramic Views
This premium condominium unit, located on the 38th floor of the prestigious Premist Tower Osaka Shinmachi Laurel Court, offers a sophisticated urban lifestyle with exceptional investment potential. The property is a spacious 3LDK layout with a generous private area of 130.15 sqm (approximately 39.37 tsubo), providing ample room for comfortable living. Built in February 2018, the building features a robust steel-reinforced concrete (SRC) structure and stands 38 stories tall, housing a total of 298 units. The building is under full delegated management with an on-site superintendent, ensuring professional upkeep and security.
Key financial details include a purchase price of 394 million yen. The unit generates a projected annual rental income of 10.8 million yen, yielding an estimated annual return of 2.74%. Monthly costs include a management fee of 21,700 yen and a repair reserve fund of 21,720 yen. The property is currently vacant and available for immediate handover. Important agent notes specify that the floor plan is prioritized to reflect the current condition of the unit. The transaction is handled as a general intermediary, and inquiries must be directed to the listed information provider company.
The Shinmachi area in Osaka's Nishi Ward is a vibrant district blending business and residential life. An interesting local fact is that the nearby Dotonbori canal area, a short distance away, was originally developed in the early 1600s as part of a large-scale urban irrigation and transportation project. The property enjoys excellent accessibility, being just a 3-minute walk from Nishi-Ohashi Station on the Nagahori Tsurumi-ryokuchi Line, and within walking distance of other key subway stations. The closest major landmark is the iconic Osaka Castle, a historic fortress and park that is one of Japan's most famous tourist attractions, easily accessible via the city's comprehensive subway network.