Terrace House Investment Opportunity in Minoh City, Osaka
This listing presents a terraced house for sale in Minoh City, Osaka Prefecture. The property is a two-story wooden structure built in February 1979, offering a total floor area of 60.76 square meters (approximately 18.37 tsubo) on a land area of 56.47 square meters (approximately 17.08 tsubo). The layout is a 3DK configuration, comprising one Japanese-style room of 8 tatami mats, two Western-style rooms of 6 tatami mats each, and a 6-tatami mat dining-kitchen.
According to the agent's notes, the property is currently tenanted, providing an immediate investment opportunity. The estimated annual rental income is 660,000 yen, with a projected annual yield of 6.94%. The property is ready for immediate handover. Parking is available, with space suitable for a compact car. The listed equipment includes a bidet toilet seat, electricity, and water supply and drainage systems.
The land rights are freehold (ownership) on residential land within an urbanization promotion area. The zoning is Category 1 Medium-to-High-Rise Exclusive Residential District. The property fronts a private road to the west with a width of 4.6 meters and a frontage of 4.8 meters.
Minoh City is a charming suburban area in northern Osaka Prefecture, renowned for its natural beauty. It is famously home to Minoh Park (Meiji no Mori Mino Quasi-National Park), a popular destination for its beautiful waterfall, hiking trails, and the famous wild monkeys that inhabit the area. The property is conveniently located within a 12-minute walk from Minoh-Kayano Station on the Kita-Osaka Kyuko Namboku Line, providing direct access to central Osaka.
