Compact Investment Apartment in Central Osaka
This property is a compact 1K apartment located on the 14th floor of a 15-story reinforced concrete condominium building constructed in July 2013. The unit features a wall-core exclusive area of 23.92 square meters (approximately 7.23 tsubo) and includes a balcony of 3.46 square meters with a primary northern exposure. The building is managed by a fully entrusted management association with a patrol-style superintendent. The property is currently tenanted, generating an estimated annual rental income of 840,000 yen, which translates to a projected annual yield of 4.85%. An owner change is scheduled for the year. The apartment comes with a defect insurance guarantee and a performance evaluation.
Key equipment and features include a fully entrusted management system. Special notes indicate that the floor plan prioritizes the current condition of the property. The transaction is handled as an intermediary.
The apartment is situated in the highly accessible Nui-cho district of Osaka's Chuo Ward. The area is a vibrant mix of business and residential zones, known for its proximity to key commercial centers. An interesting historical fact is that the nearby Osaka Castle, a major landmark, was originally built in the 16th century by Toyotomi Hideyoshi and served as a pivotal stronghold during the unification of Japan. The closest major tourist attraction is the iconic Osaka Castle, a short distance away, offering expansive park grounds and a museum housed in its main keep.
