Spacious 2LDK Apartment with Investment Potential in Osaka's Historic Tennoji Area

This well-maintained apartment, built in December 1998, offers a comfortable living space with a total floor area of 61.1 square meters (approximately 18.48 tsubo). The layout is a practical 2LDK, featuring two bedrooms, a living-dining-kitchen area, and a balcony measuring 7.04 square meters with an eastern exposure for morning sunlight. The building is an 11-story reinforced concrete (RC) structure, and this unit is located on the 4th floor. Building amenities include an auto-lock security system, an elevator, and city gas supply.

Translated from the agent's notes, the property features an auto-lock, city gas, and an elevator. Special notes indicate that the property is currently tenanted, with an owner change planned. The estimated annual rental income is 1.56 million yen, providing a projected yield of 5.41%. The transaction is a brokerage, and the floor plan may differ from the actual current condition. The management is fully entrusted to a巡回 (rotating) management association. The property has a defect insurance and performance evaluation. The land is zoned as a commercial area (second-class residential district).

The apartment is situated in the Tennoji ward of Osaka, a district rich in history and culture. The area is famously home to Shitennoji Temple, one of Japan's oldest Buddhist temples, founded in 593 AD by Prince Shotoku. The property is conveniently located just an 8-minute walk from Shitennoji-mae Yuhigaoka Station on the Osaka Municipal Tanimachi Line, providing excellent access to the rest of the city.