Modern Investment Apartment in Osaka's Vibrant Minato Ward
This property is a well-maintained 1K apartment located on the 4th floor of a 10-story reinforced concrete (RC) condominium built in September 2019. The unit features a wall-core exclusive area of 20.82 sqm (approximately 6.29 tsubo) and includes a balcony of 4.42 sqm. It is currently tenanted, offering an immediate investment opportunity with an estimated annual rental income of 678,240 yen and a projected gross yield of approximately 4.01%. The building is professionally managed by Life Service Co., Ltd. under a full-consignment, daytime management system and includes on-site bicycle parking available for a monthly fee of 200 yen.
Key equipment and features include a dedicated parking space (details available upon inquiry) and the property benefits from a defect insurance guarantee. A special note is that the annual income (rent) is 678,240 yen and the exclusive area is approximately 6.29 tsubo. The transaction is an exclusive intermediary, and the floor plan should be considered secondary to the actual current condition of the property. The property is located in a Quasi-Industrial Zone under the National Land Use Planning Act.
The apartment is situated in Osaka's Minato Ward, a dynamic area known for its blend of portside industry and modern residential living. An interesting local fact is that Minato Ward is home to the iconic Osaka Aquarium Kaiyukan, one of the largest public aquariums in the world. The closest major landmark is the Kyocera Dome Osaka, a premier venue for concerts and sporting events, located just a short distance from the property.
