Investment Opportunity in Osaka's Quiet Residential Neighborhood
This property presents a unique investment opportunity as an owner-change property currently under tenancy. It is a two-story wooden detached house built in August 1995, offering a 3DK layout with a total floor area of 56.29 sqm (approximately 17.02 tsubo). The land area is 64.3 sqm (approximately 19.45 tsubo) with a building-to-land ratio of 60% and a floor area ratio of 200%. The property is situated in a residential area within a Quasi-Industrial Zone of the Urbanization Promotion Area.
Key equipment and features include an auto-lock bath, city gas, water supply, and a septic tank. The property is currently tenanted, generating a projected annual rental income of 576,000 yen, which translates to an attractive projected annual yield of 11.52%. The transfer timing is negotiable. The land rights are ownership, and the property fronts a 4.1-meter wide public road to the southeast. The agent notes that the floor plan prioritizes the current condition.
The location in Kumatori Town, Sennan District, Osaka, offers a quiet residential environment. The area is conveniently close to essential facilities, with Kumatori Minami Junior High School 523 meters away and Higashi Elementary School 672 meters away, making it a family-friendly neighborhood. An interesting local fact is that Kumatori is home to the Kansai International Airport, which is built on an artificial island in Osaka Bay. The closest major tourist attraction is the historic Kishiwada Castle, located approximately 15 kilometers north, famous for its impressive stone walls and annual Danjiri Festival.
