Investment Opportunity in Osaka's Vibrant Tennoji Ward
This property is a 1LDK apartment for sale located in the highly accessible Tennoji Ward of Osaka City. The apartment is situated on the 5th floor of a 14-story SRC (steel-framed reinforced concrete) building constructed in August 1982. The unit offers a private, wall-core area of 38.57 sqm (approximately 11.66 tsubo). The monthly management fee is 8,500 yen, with a repair reserve fund of 6,530 yen. The property is currently tenanted, generating a projected annual rental income of 864,000 yen, which results in an estimated gross yield of 5.46%. The transfer of ownership can be arranged upon consultation.
The apartment features a 1LDK layout with a 6-tatami mat Japanese-style room. The building management is fully outsourced with a daytime superintendent. The property comes with a defect liability period and performance evaluation. The land is designated for commercial use and is covered by the Land and House Transaction Law. Special notes from the agent indicate the current monthly rent is 65,000 yen. The transaction is handled directly by the seller.
