Investment Opportunity: Spacious 3LDK Apartment in Toyonaka, Osaka

This property is a 3LDK apartment located in the desirable Toyonaka City, Osaka Prefecture. The apartment features a total floor area of 63.63 square meters (approximately 19.24 tsubo) with a layout comprising a 6-tatami Japanese-style room, a 4.4-tatami Western-style room, a 4.8-tatami Western-style room, and a combined living, dining, and kitchen area of 10.9 tatami. A key feature is the 10.33 square meter two-sided balcony, which provides excellent natural light from the south.

According to the agent's notes, the property is equipped with a system kitchen, ample storage space, a trunk room, a walk-in closet, a designated washing machine area (indoor), city gas, a water heating system, and an elevator. A special note highlights the benefit of two-sided natural light. This is an owner-change property, currently tenanted, with an estimated annual rental income of 900,000 yen and a projected yield of 5.69%.

The building is a reinforced concrete (RC) structure with 45 units in total, built in February 1984. It stands four stories above ground with one basement level, and this specific unit is located on the second floor. The property is managed by Nomura Real Estate Partners Co., Ltd. on a fully-consigned basis with a daytime superintendent and a management association. The transaction is handled as a general intermediary.

The area is well-connected, being just a 12-minute walk from Toyonaka Station on the Hankyu Takarazuka Line. Toyonaka is a vibrant suburban city known for its convenient access to both central Osaka and Osaka International Airport (Itami Airport), which is approximately 1 km away. An interesting local fact is that Toyonaka is home to the Expo '70 Commemorative Park, the site of the 1970 Japan World Exposition, which now features expansive gardens, museums, and the iconic Tower of the Sun sculpture.