Investment Property in Neyagawa City with Established Rental Income
This property is a two-story wooden house built in August 1979, located in the Ishizu Nakamachi area of Neyagawa City, Osaka Prefecture. It is currently tenanted, providing immediate rental income. The property is situated an 18-minute walk from the Kōrien Station on the Keihan Electric Railway Keihan Line, offering convenient access to public transport. The area is also served by bus from Neyagawa-shi Station, with a 10-minute bus ride to Otowacho followed by a 7-minute walk.
The property features a 4DK layout with a total floor area of 64.60 square meters (wall-center measurement) on a land plot of 58.15 square meters. The main orientation is south-facing, which provides warmth in winter and facilitates drying laundry. The front road is a public road with a width of 5.7 meters. The property is located within an urban planning area designated as a Category II Medium-to-High-Rise Exclusive Residential Zone. It is also subject to Quasi-Fire Prevention District and Category II Height District regulations.
According to agent notes, the property underwent renovations in 2012. These included updates to the bathroom, replacement of wall coverings, replacement of tatami mat surfaces, replacement of fusuma sliding door paper, and installation of wood flooring. The current tenant has resided for over 10 years and is enrolled in a rental guarantee program. The agent highlights a surface yield of 12.4% based on the current monthly rent of 54,000 yen. The property is an owner-change listing.
Key equipment and features include a system kitchen, counter kitchen, IH cooking hob, gas cooking hob, bath with reheating function, bathroom dryer, washbasin with shower, washlet toilet seat, walk-in closet, storage in all rooms, TV monitor door phone, and underfloor heating. The property is all-electric and designed with barrier-free considerations. It has a parking space. Other utilities include public water supply, city gas, sewer system, private bath, private toilet, and hot water supply. A balcony is also present.
The surrounding area offers amenities within walking distance, including Neyagawa City Ishizu Elementary School (480m), Neyagawa City Tomogi Junior High School (550m), convenience stores (510m), supermarkets (510m), a general hospital (770m), parks (650m), drugstores (500m), and banks (960m).
