Investment Opportunity in Osaka: A Currently Rented Terrace House with Strong Yield

This property presents a compelling investment opportunity in Osaka's Sumiyoshi Ward. It is a two-story wooden terrace house built in October 1966, offering a 3K layout with a total floor area of 42.86 square meters on a 32.11 square meter land plot. The property is currently tenanted, generating an annual income of 540,000 yen, which translates to a surface yield of 9.31%.

Translated agent notes provide essential details. The property is equipped with a system kitchen featuring a counter and an IH cooktop. The bathroom includes a reheating function and a dryer, while the washbasin has a shower attachment. The toilet is equipped with a bidet seat. Indoor features include a walk-in closet, storage in all rooms, a TV monitor-equipped doorphone, and underfloor heating. Key property characteristics are all-electric, barrier-free design, south-facing orientation, and it comes with a parking space. Other utilities include public water supply, city gas, and sewerage. Important remarks note this is an owner-change property located in a quasi-fire prevention zone. Rebuilding is not permitted. There is an unregistered extension of approximately 1.62 square meters. Of the 16.07 square meters of private road burden, a share of 141/1000 applies.