Property Overview: Co-op Nomura Toyonaka Tachibanacho
This is a 3LDK apartment located on the 2nd floor of a 4-story reinforced concrete building in Toyonaka City, Osaka Prefecture. The property has a total floor area of 63.63 square meters and includes a balcony of 10.33 square meters. It was constructed in September 1984 and faces south.
The unit is currently tenanted and is being sold as an owner-change property. The estimated annual rental income is 900,000 yen, representing a gross yield of approximately 5.6% based on the asking price. This yield is calculated before deducting property taxes and other maintenance costs. The estimated rent is based on market rates and assumes full occupancy. There is no guarantee that this rental income will be consistently achieved in the future. The property also requires the new owner to take over the existing lease agreement. A monthly management cooperation fee of 3,000 yen is collected from non-resident owners or those who have declined board membership.
The apartment features a layout with a living-dining area of approximately 7.9 tatami mats, which is south-facing with large windows for natural light. It includes a Japanese-style room of about 6 tatami mats with built-in closet storage, and two Western-style rooms of approximately 4.4 and 4.8 tatami mats. One of the Western rooms includes a walk-in closet. The kitchen is approximately 3 tatami mats and is adjacent to the entrance and living-dining area for convenient movement. The washroom is located next to the bathroom for efficient housework, and the toilet is positioned near the Japanese-style room for ease of use. The unit has both north and south-facing balconies, providing good ventilation and natural light.
The property is located about a 13-minute walk from Toyonaka Station on the Hankyu Takarazuka Line. It is also accessible via bus from Osaka Airport Station on the Osaka Monorail Main Line. The building has a total of 45 units. Monthly management fees are 8,000 yen, and repair reserve fund contributions are 11,770 yen. Pets are not allowed. There is no available parking space.
