Property Overview: Land and Building in Matsubara, Osaka
This property is a mixed-use asset located in Matsubara, Osaka, currently listed as part of a court auction. The offering comprises a combination of land and a building. The main structure is a two-story building of steel, steel-reinforced concrete, and wooden construction, with a flat roof covered in zinc-coated steel sheets. The registered floor area is 350.21 square meters on the first floor and 158.38 square meters on the second floor, with actual measurements approximately 347.31 square meters and 198.28 square meters respectively. The layout is an 8DK configuration for the residence portion on the second floor.
The property includes three land parcels. The primary lot is registered as residential land with a size of 523.47 square meters, zoned as Residential Class I. Two additional small parcels are included, one of which is a public road area of 2.04 square meters, and another residential land of 4.74 square meters. The total land area is approximately 545 square meters. The building was constructed in August 1965. The property is situated in the Matsubara area of Osaka, with access to Kintetsu Minami-Osaka Line's Kawachi Amami Station about 750 meters to the northwest, and Osaka Metro Midosuji Line's Kitanoda Station about 1.23 kilometers to the northeast. The address is 116-4, Amami Nishi 5-chome, Matsubara City, Osaka.
The property is being sold through a sealed bid auction by the Osaka District Court (Sakai branch). The base bid price is 18,470,000 yen, with a minimum bid price of 14,776,000 yen. The gross yield is reported at 42.6% and the cap rate at 31.0%. The earnest money deposit required is 3,694,000 yen. The bid period runs from June 10, 2026 to June 18, 2026, with a sale decision date of July 9, 2026. Viewing begins on May 22, 2026. The property is currently owned by the debtor and occupant.
