Lions Mansion Shin-Osaka 5: A Secure and Convenient Investment Apartment
This property is a studio apartment (one-room) located on the 13th floor of a 14-story reinforced concrete building constructed in December 1986. The apartment features a wall-core exclusive area of 18.2 sqm (approximately 5.5 tsubo) and includes a 2.75 sqm south-facing balcony. The building is equipped with essential amenities including an air conditioner, storage space, and a bathroom with a window. For security and convenience, the property boasts a monitor-equipped auto-lock system, a monitor intercom, security cameras, two or more elevators, a delivery box, and a bicycle parking area. A notable feature is the permission for constant garbage disposal, allowing residents to take out trash at any time, which is particularly convenient for those with irregular schedules and helps maintain cleanliness, especially during summer months. The building's exterior is finished with tiles.
The apartment is currently tenanted, generating an annual scheduled rental income of 408,000 yen, which translates to a projected yield of 7.99%. Monthly running costs include a management fee of 5,300 yen and a repair reserve fund of 2,800 yen. There is no parking space available. The property is situated in a commercial zone.