Investment-Grade Studio Apartment in Osaka's Vibrant Yodogawa Ward

This studio apartment, located on the 10th floor of an 11-story building, offers a prime investment opportunity in the bustling commercial district of Osaka's Yodogawa Ward. The property features a wall-core exclusive area of 39.76 sqm (approximately 12.02 tsubo) and includes a 3.16 sqm balcony with eastern exposure for natural light. The building, constructed in July 1972 by Toho Construction Co., Ltd., is a sturdy steel-reinforced concrete (SRC) structure with a total of 248 units and is under self-management without a resident superintendent.

Key equipment and features of the unit include ample storage space, closets in all rooms, city gas, hot water supply, and elevator access. Special notes indicate an owner change is planned for the year, and the property is currently tenanted. The projected annual rental income is 732,000 yen, yielding an attractive annual return of 8.13%. The transaction is a general intermediary, and an inspection, defect warranty, defect insurance, and performance evaluation are in place. The land is designated for commercial use under the City Planning Act and comes with ownership guarantee.