A Spacious Terraced House in Neyagawa, Osaka
This property is a substantial terraced house located in the Neyagawa City area of Osaka Prefecture. Built in March 1999, the structure is a robust three-story reinforced concrete (RC) building with a total floor area of 123.36 square meters (approximately 37.31 tsubo), offering a generous 4SLDK layout ideal for a large family. The land parcel is exceptionally large, measuring 3,877.81 square meters (about 1,173.03 tsubo), situated within an Urbanization Area zoned as Category II Residential.
Critical details from the agent notes include the road access situation and land rights. The property fronts a single road to the north with a width of 9.6 meters. Importantly, the land is held under a fixed-term land leasehold (superficies right), with a remaining lease period of 33 years and 1 month, expiring in February 2059. The monthly ground rent is 27,183 yen. In addition, there are monthly reserve funds: a long-term reserve fund of 3,000 yen and a repair reserve fund of 7,000 yen. The property is currently vacant.
The location offers excellent convenience, being just a 9-minute walk from Kayashima Station on the Keihan Electric Railway Keihan Line, providing direct access to central Osaka and Kyoto. The area around Neyagawa is a well-established residential suburb known for its community atmosphere and local amenities. An interesting local landmark is the Hirakata Park, one of Japan's oldest amusement parks located in the neighboring city, offering seasonal attractions and a large rose garden. The property includes parking and is situated on a sloping site with a building-to-land ratio of 60% and a floor area ratio of 200%.
