Investment Opportunity: Well-Located Investment Property in Sakai, Osaka
This property presents a compelling investment opportunity in the established residential area of Sakai, Osaka. The listed price is 3,800,000 JPY. It is a two-story wooden house built in March 1976, with a total floor area of 64.97 sqm (approximately 19.65 tsubo) and a land area of 54.74 sqm (approximately 16.55 tsubo). The property features a 4DK layout, offering a functional space for living. The building-to-land ratio is 60% with a floor area ratio of 200%. The land is designated as residential land within the City Planning Area's urbanization zone, specifically in a Category I Exclusive Residential District.
According to the agent's notes, the property is currently tenanted, ensuring immediate rental income. The projected annual rental income is 480,000 JPY, which translates to a high estimated annual yield of 12%. The handover timing is negotiable. The property is equipped with city gas, water supply, and sewer systems. The agent also notes that the floor plan diagram prioritizes the current condition of the property. The transaction type is exclusive agency.