Investment Opportunity: Terraced House in Kishiwada, Osaka
This property is a terraced house for sale, located in Kishiwada City, Osaka Prefecture. The property is currently tenanted, generating a projected annual rental income of 480,000 yen, which translates to a high surface yield of 13.71%. The total building area is 52.81 sqm (approximately 15.97 tsubo) with a 3DK layout spread over two above-ground floors. The land area is 41.25 sqm (approximately 12.47 tsubo) with an additional 4 sqm of private road area. The wooden structure was built in March 1978.
Key features and equipment of the house include a reheating function for the bath (追焚機能), an automatic bath system (オートバス), and connections for electricity, tap water, and sewerage. The property is situated on flat land in a Category I Residential Zone within the urbanization promotion area. Building coverage is 60% with a floor area ratio of 200%. Road frontage is to the southwest with a width of 1.6 meters on a private road. The transaction is a general intermediary (一般媒介) deal.
The location offers excellent convenience, being an 11-minute walk from Haruki Station on the Nankai Main Line and a 14-minute walk from Izumi-Ōmiya Station. The area is well-served by shopping facilities like Workman Plus and Sundy, a Lawson convenience store, and a Welcia drugstore. For a day out, the historic Kishiwada Castle, famous for its dramatic Danjiri Matsuri festival, is a major cultural landmark and tourist attraction within the city.
