Compact Investment Apartment in Osaka's Umeda District
This 1K apartment is located on the 12th floor of a 12-story reinforced concrete condominium building constructed in March 2009. The property offers a compact yet functional living space with a wall-core exclusive area of 32.3 square meters (approximately 9.77 tsubo), featuring a balcony of 5.32 square meters with a primary exposure to the northwest. The building is equipped with an elevator and is managed by a full-service management association with a daytime superintendent. The apartment is currently tenanted, providing an immediate rental income stream, with an estimated annual rental income of 913,200 yen and a projected annual yield of 5.27%. The monthly costs include a 3,100 yen management fee and a 1,300 yen repair reserve fund.
According to agent notes, the property includes an elevator. Special notes indicate an owner change is scheduled. The transaction is handled as an intermediary. The floor plan takes precedence over the current condition. The property is located in a commercial zone and comes with defect liability insurance and performance evaluation. The ownership is guaranteed.
The apartment is situated in the Ōyodokita 2-chome area of Osaka's Kita Ward, a vibrant commercial and business hub. The location offers excellent access to multiple train lines, including a 14-minute walk to Ebisue Station on the JR Tōzai Line and Noda Station on the Hanshin Main Line, and an 18-minute walk to Fukushima Station on the Osaka Loop Line. The area is part of greater Umeda, one of Japan's premier downtown districts, known for its massive underground city, department stores, and entertainment. A major nearby landmark is the Umeda Sky Building, a spectacular twin-tower skyscraper connected by a rooftop observatory known as the "Floating Garden," offering panoramic views of Osaka.
