Compact Investment Apartment in Vibrant Abeno, Osaka
This studio apartment presents a practical investment opportunity in a highly convenient Osaka neighborhood. The property is a one-room unit with a wall-core exclusive area of 25.65 sqm (approximately 7.75 tsubo), located on the 2nd floor of a 4-story reinforced concrete (RC) condominium built in June 1985. The building features a tile exterior and is equipped with an auto-lock security system, elevator, monitor-equipped intercom, and in-unit spaces for an air conditioner, washing machine, and refrigerator. Utilities include city gas.
According to agent notes, the water bill is covered by the owner. A fixed amount for water is added to the rent, and the property is leased on this basis. The current rental arrangement is a total of 48,000 yen per month, comprising 40,000 yen in rent, 5,000 yen in management fees, and 3,000 yen for water. This generates an annual projected rental income of 480,000 yen and a surface yield of 5.3%. The property is currently tenanted, and ownership is changing hands. Monthly running costs include a management fee of 4,230 yen and a repair reserve fund of 4,230 yen.
