Compact Investment Apartment in Osaka's Port Ward
This property is a one-room apartment for sale located in the Ichinomiya 1-chome area of Minato Ward, Osaka City, Osaka Prefecture. The apartment is situated on the 3rd floor of an 11-story reinforced concrete (RC) building constructed in September 2001. The unit offers a wall-core exclusive area of 20.95 sqm (approximately 6.33 tsubo) and includes a balcony of 3.64 sqm.
Key equipment and features of the building include an auto-lock security system, a monitor-equipped intercom, security cameras, and a parcel delivery box. The unit is a corner room, providing extra light and ventilation. The building is equipped with an elevator and uses city gas. The management is fully entrusted, with a daytime manager and an active management association. The managing company is Estem Management Service. The property comes with defect insurance and a performance evaluation.
The property is currently tenanted, offering an estimated annual rental income of 726,400 yen, which translates to a projected yield of 5.26%. The monthly management fee is 7,340 yen, and there is no repair reserve fund. The transfer timing is negotiable. The building is part of a larger complex with a total of 168 units.
The location offers excellent access, with Hankyu Namba Kujo Station on the Hanshin Electric Railway approximately a 10-minute walk away, and Bentencho Station on the Osaka Loop Line about an 11-minute walk. The area is within a quasi-industrial zone. The Minato Ward is a vibrant part of Osaka, known for its mix of residential areas and commercial ports. An interesting local fact is that the nearby Osaka Bay area was historically a major center for trade and still houses the iconic Kaiyukan, one of the world's largest aquariums, which is a major tourist draw.
