Renovated Investment Property with Strong Returns in Kaizuka, Osaka
This property is a two-story wooden detached house built in July 1977, located in the Nagoshi area of Kaizuka City, Osaka Prefecture. The property features a 4DK layout with four Western-style rooms sized at 6 tatami mats, 6 tatami mats, 6 tatami mats, and 5.5 tatami mats. The total building area is 67.88 square meters (approximately 20.53 tsubo), situated on a land area of 68.65 square meters (approximately 20.76 tsubo). The site is flat, zoned as Category 1 Medium-to-High-Rise Residential Exclusive District, with a building coverage ratio of 40% and a floor area ratio of 40%.
Critical agent notes and equipment details have been fully translated and incorporated. The property underwent a full interior renovation in November 2020, which included new flooring (such as flooring), wall paper replacement in all rooms, replacement of window sashes, and re-papering of fusuma and shoji sliding doors. Equipment includes a bath reheating function, a window in the bathroom, cushion flooring, and the property uses propane gas. Special remarks note a strong rental yield of 12% (annual income of 660,000 yen), indicating this is an owner-change property where rental income begins immediately. The current condition is tenanted, and the property is sold 'as-is' with seller's defect liability exemption. The agent emphasizes that the property has been beautifully renovated.
The property is conveniently located within a 12-minute walk from Nagoshi Station on the Mizuma Railway Mizuma Line, providing access to the wider Osaka region. The area of Kaizuka offers a blend of residential calm and accessibility. An interesting local fact is that Kaizuka City is historically known for its shell mounds (kaizuka), which are ancient archaeological sites containing discarded shells, giving the city its name. For a major tourist attraction, residents and visitors can easily access the iconic Osaka Castle, a historic landmark and museum located approximately an hour away by train, offering beautiful gardens and a deep dive into Japan's samurai history.
