Investment Opportunity: Terraced House in Suita, Osaka
This property, located in Asahigaoka-cho, Suita City, Osaka Prefecture, presents a unique investment opportunity. Initially appearing as a standalone house, it is actually part of a four-unit connected terraced house (row house). The property was purchased as a vacant property about two years ago from the owner's father's company, who previously resided there. The current owner is selling to reallocate assets.
After purchase, a tenant was quickly secured at a monthly rent of 40,000 yen, and the property remains tenanted. The owner notes that the property was rented out in its unrenovated state and suggests that if it had been marketed as a DIY-possible property, a higher rent of 50,000 to 60,000 yen per month could have been achieved. The property is being sold in its current condition (genjo yushi) via a public offering, with boundaries not explicitly indicated.
The property is situated on a hill in a quiet residential area, offering good views. Access involves stairs from the front road, and in principle, rebuilding is not possible. Nearby amenities include Kansai Supermarket (approx. 496m), Kawasaki Clinic (approx. 974m), a post office (approx. 617m), and Ikeda Senshu Bank (approx. 642m).
