Modern Investment Apartment in Osaka's Vibrant Fukushima Ward
This property is a contemporary 1K apartment located in the Presense Fukushima Yoshino Minage building in Osaka's Fukushima Ward. Built in February 2023, this unit is situated on the 6th floor of a 15-story reinforced concrete (RC) condominium. The apartment offers a compact yet efficient living space with a wall-core exclusive area of 22.04 sqm (approximately 6.66 tsubo), featuring a 6-tatami mat Western-style room and a 3.48 sqm balcony with eastern exposure for natural morning light.
The property is currently tenanted, presenting an immediate investment opportunity with an estimated annual rental income of 826,000 yen and a projected yield of 4.17%. The monthly running costs include a management fee of 5,730 yen and a repair reserve fund of 1,320 yen. The purchase price is 19.8 million yen. The building is managed under a fully-commissioned, daytime management system.
The apartment is well-equipped with modern amenities including a system kitchen with a 2-burner stove, a shower-equipped vanity, a unit bath with auto-fill and drying functions, a warm-water washing toilet seat, air conditioning for cooling and heating, and internet readiness. All rooms feature flooring, and there is a dedicated indoor space for a washing machine. For security and convenience, the building offers an auto-lock entry system with a monitor, double-lock doors, a dimple key, security cameras, a delivery box, and an elevator. Bicycle parking is available for a monthly fee of 500 yen, and motorcycle parking is available for 2,000 yen per month. The property uses city gas.
The location is highly accessible, within walking distance of three train stations: Nodahanshin Station on the Osaka Metro Sennichimae Line (3 minutes on foot), Tamagawa Station on the same line (4 minutes), and Noda Station on the Hankyu Hanshin Main Line (5 minutes). The area is adjacent to a shopping street, adding to daily convenience. The property is situated in a commercial zone.
The Fukushima area of Osaka is a dynamic blend of business and residential life, known for its proximity to the bustling Umeda district. An interesting local fact is that the area is home to the iconic 'Tower of the Sun' sculpture, created by the artist Taro Okamoto for the 1970 Expo, which is now a central feature of the Expo '70 Commemorative Park. The closest major tourist attraction is the Umeda Sky Building, a spectacular twin-tower complex with a floating garden observatory offering panoramic views of the city.
