Spacious 2LDK Apartment in Suita, Osaka with Strong Investment Potential
This property is a well-maintained 2LDK apartment located on the 11th floor of a 12-story building in Suita City, Osaka Prefecture. The apartment features a total floor area of 65.80 sqm (approximately 19.9 tsubo) with a layout comprising a 17-tatami mat LDK (living-dining-kitchen), a 6-tatami mat Western-style room, and a 4.5-tatami mat Western-style room. The balcony, facing south for optimal sunlight, measures 8.92 sqm.
Key equipment and features include a separate bath and toilet, a trunk room for storage, city gas, and public water and sewage systems. The property has undergone significant renovations, with the kitchen, bathroom, toilet, and washbasin area updated in May 2012, alongside interior refurbishments including new flooring (such as hardwood), wall coverings in all rooms, and interior doors.
Special notes indicate this is an owner-change transaction. Important conditions are that pets are not allowed, and the property cannot be used for office purposes. The property is currently tenanted, ensuring immediate rental income. The annual projected rental income is 960,000 yen, yielding a strong projected annual return of 6.95%. Monthly fees include a management fee of 7,041 yen and a repair reserve fund of 12,170 yen. There is no parking available on-site.
The area of Suita is a vibrant part of Osaka, known for its blend of residential comfort and urban convenience. It is home to the iconic Suita City Football Stadium, a major venue for sports events. The closest major landmark is the Expo '70 Commemorative Park, a vast cultural and recreational space built for the 1970 World Exposition, featuring the iconic Tower of the Sun and beautiful seasonal gardens.
