Affordable Investment Opportunity in Osaka's Vibrant Ikuno Ward
This property presents a unique and affordable investment opportunity in the bustling Ikuno Ward of Osaka City. Listed at 5.3 million yen, this 3K layout wooden house offers a compact yet functional living space with a total floor area of 28.75 square meters on a 36.43 square meter plot of land. Built in January 1955, the 72-year-old structure is currently vacant, allowing for immediate viewing and potential renovation or investment use.
The property is equipped with a range of modern amenities. The kitchen features a system kitchen with a counter and an IH cooktop. The bathroom includes a reheating function for the bath and a bathroom dryer. Additional indoor features include a shower-equipped vanity, a washlet toilet seat, a walk-in closet, storage in all rooms, a TV monitor-equipped doorphone, and underfloor heating. Key property characteristics noted by the agent include being all-electric, barrier-free, south-facing, and having parking available (though the summary states 'none' for parking, this is listed as a feature). The property utilizes public water supply, city gas, and sewer systems.
According to the agent's special notes and remarks, the property is located in an area with regulations for land development work, is a quasi-fire prevention zone, and is registered as a detached house but is currently in a row-house (連棟) condition. There is a private road burden of approximately 4.06 square meters and an unregistered extension of about 3.60 square meters. The property is situated within a commercial zone under the city planning area, with a building-to-land ratio of 80% and a floor area ratio of 240%. Access is convenient, being a 17-minute walk from Momodani Station on the JR Osaka Loop Line. The area is noted for its excellent shopping facilities, with a supermarket and convenience store just a 3-minute walk away, making daily life very convenient. The agent specifically highlights this property as recommended for an income-generating investment.
The surrounding Ikuno Ward is a culturally rich area of Osaka, known for its diverse communities and vibrant street life. A notable landmark not far away is the iconic Tsutenkaku Tower in the Shinsekai district, a symbol of Osaka's post-war resurgence and a popular tourist attraction offering panoramic views of the city. The property's location offers both local convenience and easy access to explore the wider sights and sounds of Osaka.
