Investment Opportunity in Sakai: Modern Apartment Near Nankai Line
This property is a well-located investment apartment in Sakai, Osaka Prefecture. The unit is a 3LDK layout on the 13th floor of a 14-story SRC (steel-reinforced concrete) building constructed in June 2002. It offers a generous wall-core exclusive area of 75.66 sqm (approx. 22.88 tsubo) and features a south-east facing balcony of 11.66 sqm, ensuring good sunlight and views.
The apartment is currently tenanted, presenting an immediate income stream. The current annual scheduled rental income is 1.5 million yen, yielding a surface return of 4.83%. A key feature is that this is an owner-change property, and a rent revision is planned for May 2026, with a projected annual income of 1.56 million yen and a surface yield of 5.0%.
Translated Agent Notes & Equipment: The property includes a comprehensive list of amenities: heated toilet seat with bidet function, bath reheating function, bathroom dryer, bathroom heater, washbasin with shower, system kitchen, counter kitchen, dishwasher/dryer, water purifier, storage space, storage in all rooms, air conditioning (two or more units), indoor washing machine space, lighting fixtures, monitor-equipped auto-lock, monitor-equipped intercom, double-lock door, dimple key, city gas, elevator, parcel box, free bicycle parking, and motorcycle parking. Special notes confirm pets are negotiable (small dogs and cats allowed).
The location is exceptionally convenient, just a 3-minute walk from the Nankai Main Line's "Sakai" station, which is served by express trains, providing excellent access to central Osaka and Wakayama. The property is situated in a commercial zone.
The area of Sakai is rich in history, once a thriving autonomous port city and a major center for samurai sword production. Today, it blends this historical significance with modern convenience. A major nearby landmark is the iconic Ōtorii (Grand Gate) of Sumiyoshi Taisha, one of Japan's oldest Shinto shrines, located a short train ride away and famous for its unique architectural style.
