Spacious 3LDK Apartment in Osaka's Vibrant Miyakojima Ward

This well-maintained apartment offers a comfortable living space in the heart of Osaka's Miyakojima Ward. The property features a 3LDK layout with a wall-core exclusive area of 63.28 sqm (approximately 19.14 tsubo), providing ample room for a family or individuals desiring extra space. Located on the 12th floor of a 14-story building constructed in November 1978, the unit benefits from an eastern exposure for natural light and includes a 7.6 sqm balcony.

Key equipment and features of the building include ample storage space, an indoor washing machine area, an auto-lock security system, and multiple elevators (two or more). The management is fully entrusted to a professional company, Mutual Light Building Management Co., Ltd., with a daily on-site manager and an active management association. The building itself is a steel-reinforced concrete (SRC) structure developed by the reputable Haseko Komuten Co., Ltd.

Currently tenanted, this property presents an investment opportunity with an estimated annual rental income of 1,140,000 yen and a projected yield of 3.45%. The monthly costs include a management fee of 6,710 yen and a repair reserve fund of 15,580 yen. The transaction is handled under an exclusive intermediary arrangement.

The area of Miyakojima is a dynamic blend of residential comfort and urban convenience. An interesting local fact is that the ward is home to the Osaka City Museum of Fine Arts, housed in a former headquarters of the Naniwa Spinners Association, showcasing the area's industrial heritage turned cultural. The closest major landmark is the iconic Osaka Castle, a magnificent historical fortress surrounded by expansive parklands, easily accessible from the nearby transport hubs.