Modern Designer Apartment with Investment Potential in Osaka's Vibrant East
This contemporary 1K apartment, located on the top floor of a 9-story building constructed in January 2022, offers a unique blend of modern living and investment opportunity in Osaka's dynamic Higashinari Ward. The property features a spacious wall-core area of 76.71 sqm (approximately 23.2 tsubo) and is currently being operated as a successful private lodging (minpaku), demonstrating its income-generating potential. The listing notes that this is one of three units on the same floor being offered simultaneously, with this specific unit measuring 25.57 sqm.
Translated from the agent's notes, the apartment is equipped with a warm-water washing toilet seat, a system kitchen, an IH cooking heater, ample storage space and closets, air conditioning, internet connectivity, a designated washing machine area, flooring throughout all rooms, lighting fixtures, a refrigerator, a washer-dryer, a bed, an auto-lock security system with monitor, and is a corner unit on the top floor. Utilities include city gas and a building elevator. Special features highlight its designer aesthetic and tile-clad exterior.
The property is strategically positioned for accessibility, within a 6-minute walk from Morinomiya Station on the Osaka Loop Line, a 9-minute walk from Midoribashi Station on the Osaka City Imazatosuji Line, and a 16-minute walk from Osakajokoen Station. This places residents within easy reach of central Osaka's business and entertainment districts. The area is zoned as a commercial district (quasi-industrial zone). The property is under full entrusted management with a management association in place. The annual projected rental income is 5,768,400 yen, with an estimated yield of 6%.
The surrounding Higashinari Ward is a lively and historic part of Osaka, known for its blend of traditional shopping streets and modern redevelopment. An interesting local fact is that the area is home to Tsurumi Ryokuchi Park, a vast expo-turned-public park featuring gardens from countries around the world. The closest major landmark is the iconic Osaka Castle, a magnificent historical fortress and park that is one of Japan's most famous tourist attractions, easily accessible from the nearby stations.
