Modern Investment Condominium in Osaka's Vibrant Shimanouchi District
This property is a well-maintained one-room condominium located on the 8th floor of an 11-story reinforced concrete (RC) building constructed in October 2012. The unit offers a wall-core exclusive area of 23.92 square meters (approximately 7.23 tsubo) and includes a balcony of 4.64 square meters. Key building amenities include an elevator and a bicycle parking area. The property is noted as a corner unit, offering potentially better light and ventilation.
Currently tenanted, this unit presents an investment opportunity with a projected annual rental income of 828,000 yen and an estimated annual yield of 3.38%. Ownership transfer is possible immediately. The condominium is managed under a fully delegated,巡回 (rotational) management system. The building has a total of 57 units. The property comes with defect insurance (瑕疵保険) and a performance evaluation (性能評価). The land is designated for commercial use under the City Planning Act.
The apartment is situated in Osaka's Central Ward, specifically the Shimanouchi 1-chome area. This district is part of Osaka's famed Minami (South) area, known for its dense network of shopping streets, restaurants, and vibrant nightlife, particularly around the neighboring Dotonbori and Shinsaibashi. A notable nearby landmark is the historic Hozenji Temple, a serene spot famous for its moss-covered Fudo Myoo statue tucked away in a narrow alley, offering a peaceful contrast to the bustling entertainment districts.
