Compact Investment Apartment in Osaka's Vibrant Nishi Ward
This property is a well-maintained one-room apartment located on the 9th floor of a 10-story reinforced concrete (RC) condominium building constructed in January 2007. The unit offers a compact yet functional living space with a wall-core exclusive area of 23.78 square meters (approximately 7.19 tsubo) and includes a balcony of 4.09 square meters. The building itself comprises 53 units and is managed by Nihon Building Service under a fully entrusted,巡回 (patrol-based) management system with an active management association. The property is currently tenanted, presenting an immediate investment opportunity with a projected annual rental income of 837,600 yen and an estimated annual yield of 5.65%.
Key equipment and features of the apartment include a designated washing machine space and a monitor-equipped intercom system. Important special notes (特記備考) indicate that the transaction is handled as an intermediary (媒介), and the floor plan provided prioritizes the current condition of the property. The property comes with an inspection report, defect warranty, equipment guarantee, and a performance evaluation. The land is designated for commercial use under the City Planning Act.
The apartment is situated in the bustling Kyomachibori 2-chome area of Osaka's Nishi Ward, a district known for its mix of business and residential energy, with convenient access to the city's extensive canal network. An interesting local fact is that the nearby Kyomachibori area was historically a key part of Osaka's merchant culture and canal-based transportation system. The closest major landmark is the iconic Osaka Castle, a historic fortress and park that is one of Japan's most famous tourist attractions, located just a short train ride away.