Modern Investment Condominium in Osaka's Central Business District
This property is a 1LDK condominium unit located on the 4th floor of the 20-story "Legal Tower Semba" in Chuo Ward, Osaka. The unit offers a spacious wall-core exclusive area of 62.24 sqm (approximately 18.82 tsubo) and features a south-facing balcony of 13.68 sqm. Built in August 2004 by Taisei Corporation, the reinforced concrete building includes a total of 85 units and is equipped with two or more elevators.
Key equipment and features of the property include a system kitchen, counter kitchen, heated toilet seat with bidet function, auto bath, bath dryer, bathroom heating, shower-equipped vanity, ample storage space including full-room storage, a trunk room, a walk-in closet, a shoes-in closet, underfloor heating, fiber-optic internet readiness, an indoor washing machine space, an auto-lock security system with monitor and intercom, a double-lock door, a dimple key, city gas, and a delivery box. Special notes indicate the building is barrier-free and features an exterior tile finish. A critical remark states that drawings take precedence over the actual condition, and the bathroom TV cannot be used for viewing.
The property is currently tenanted, offering a planned annual rental income of 1,782,700 yen and a projected yield of 3.42%. The transfer of ownership is scheduled. The location is highly convenient, within a 4-minute walk from Sakaisuji Honmachi Station, served by both the Sakaisuji and Chuo subway lines, and a 12-minute walk from Honmachi Station on the Midosuji Line. The vibrant Semba area is a major hub for the textile and apparel industries, historically known as the center of Japan's kimono trade. The closest major landmark is the iconic Osaka Castle, a historic fortress surrounded by expansive parklands, located just a short subway ride away.