Commercial and Residential Investment Property in Sakai, Osaka

This property, named Future Sakurain, is a 14-story reinforced concrete building located in the Sakai Ward of Sakai City, Osaka Prefecture. It was constructed in February 2019 and offers a total floor area of 2,120.95 square meters on a land plot of 341.29 square meters. The building is situated on a commercial zoning plot with a building coverage ratio of 80% and a floor area ratio of 600%.

The property comprises 52 residential units and includes a first-floor retail space measuring 106.01 square meters. The total floor area noted in the listing includes both the residential and commercial portions. The building is currently tenanted and generating rental income, with an estimated annual income of 43,892,400 yen, reflecting a projected yield of 4.2%.

The land is held as freehold ownership. The building faces a 50.0-meter public road to the northwest, with a frontage of 15.6 meters. The property is classified as being in an urbanization promotion area. The listed rent figures include consumption tax. The property is located within walking distance of several train stations, including Hanadaguchi Station on the Hankai Tramway, which is a 2-minute walk away.