Renovated Terrace House Investment in Higashi-Osaka

This property is a two-story, wood-framed terrace house located in the Minami 3-chome area of Odairen, Higashi-Osaka City, Osaka Prefecture. Built in May 1967, it has undergone a comprehensive renovation in September 2022 (Reiwa 4). The property is currently tenanted, offering an immediate investment opportunity with a stated gross yield of 11.5%.

The house has a total floor area of 41.25 square meters with a 4K layout. The land area is 44.40 square meters (based on official registry). Key equipment and features include a system kitchen, counter kitchen, IH cooktop, gas cooktop, bath with reheating function, bathroom dryer, washbasin with shower attachment, bidet toilet seat, walk-in closet, storage in all rooms, TV monitor intercom, and underfloor heating. The property is all-electric, barrier-free, south-facing, and comes with a parking space.

Access is provided via a 17-minute walk from Yato Station on the Kintetsu Osaka Line. The neighborhood is served by Odairen Elementary School, located within 887 meters (approximately a 12-minute walk), and Nagase Junior High School within 1,190 meters. Please note that due to the current tenancy, interior viewings are not possible, and the property will be transferred in its present condition.