Spacious 4LDK Investment Property with Dual Lofts in Osaka's Nishinari Ward
This property is a substantial three-story steel-framed house built in March 2006, currently offered as an owner-change investment opportunity. The house is already tenanted, generating a stable monthly rental income of 126,000 yen, which projects to an annual rental income of 1.51 million yen and an attractive yield of approximately 6.29%. The sale price is set at 24 million yen.
The layout is a generous 4LDK, with a total floor area of 100.44 sqm (approximately 30.38 tsubo) spread over three above-ground floors. The property stands on a land area of 63.66 sqm (approx. 19.25 tsubo) and features a free parking space on the first floor. Notable equipment and features include two separate toilets, a bathroom and toilet in separate rooms, a reheating function for the bath, a shower, a washroom, a washbasin, ample storage space and closets, a dedicated indoor washing machine area, wooden flooring, city gas, electricity, and full water and sewer connections. A special feature is the inclusion of two lofts, each measuring 5-jo (approximately 8.25 sqm). The property is in a convenient location and is situated in a flat area designated as a Quasi-Fire Prevention District.
The property is located in the Tennoji area of Osaka's Nishinari Ward, a district known for its vibrant street life and access to major transit hubs. An interesting local fact is that the nearby Tennoji Zoo, one of Japan's oldest, is famously home to a pair of giant pandas. The closest major landmark is the iconic Tsutenkaku Tower, a symbol of Osaka's Shinsekai district, which is just a short distance away and offers panoramic views of the city.