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Higashi Shinsaibashi 2-chome Building

396,000,000 JPY

Gross rate of return6.00%Yield assuming private lodging use15.00%

Higashi Shinsaibashi 2-chome Building
Higashi Shinsaibashi 2-chome Building

Higashi Shinsaibashi 2-chome Building
Higashi Shinsaibashi 2-chome Building

Higashi Shinsaibashi 2-chome Building

/

396,000,000 JPY

Gross rate of return6.00%Yield assuming private lodging use15.00%

Apartment Information

  • SYSTEM IDB-17479631728734166
  • AddressOsaka Prefecture, Osaka City, Chuo Ward, Higashi-Shinsaibashi 2-8-29
  • Public transport6-minute walk from Shinsaibashi Station on the Osaka Metro Midosuji Line 5-minute walk from Nagahoribashi Station on the Osaka Metro Sakaisuji Line 5-minute walk from Nagahoribashi Station on the Osaka Metro Nagahori Tsurumi Ryokuchi Line
  • Structure of buildingS construction
  • Land area62.11㎡ 【18.78tsubo】
  • Building's age9/1972 (52 years)
  • Building area250.49㎡
  • Land RightsOwnership
  • Conditions of transactionsseller

Features / Facilities

Well, the selling point of this property is the location. It faces the so-called "East Shinsaibashi Europe Street", and to be honest, it is in the middle of the downtown area, so you can imagine that there are people passing by all day. As for the izakaya "Kuchi Hachicho" two doors down from this property, I have often used it, so I have the impression that it has long been a strong food and beverage area. It has also been popular as a target area for private lodgings after the end of the COVID-19 pandemic, and even now, there are many inquiries from businesses looking for places to operate private lodgings. The fact that it has both areas for tenants and areas for operating private lodgings is very encouraging as an income-generating property. Another point is that when you check the situation of similarly sized buildings in the neighborhood, you can see that they have a very wasteful situation where the building structure has an internal staircase, so they are forced to rent out the whole building, and only the first floor is rented out to tenants. This property has been renovated at our expense so that the first, second, third, and fourth floors can be rented out separately (about 20 million yen), and it is now fully occupied! Anyway, the selling point of this property is its location right in the downtown area. In the current real estate market, I think that in major investment areas such as Chuo Ward, Osaka City, "buying for location" is becoming a trend regardless of price range, but I think that profitability is important. ■Sales price: 396 million yen ■Monthly rent: 1,980,000 yen (tax included) / Annual income: 23,760,000 yen ■Approximate yield: 6% We would appreciate your consideration. Contact: Kamiyama 080-4300-1620

Details

Selling price

396,000,000 JPY

Gross rate of return6.00%

  • Property nameHigashi Shinsaibashi 2-chome Building
  • Maintenance fee
  • Assumed annual income23,760,000 JPY
  • The monthly fee for the repair reserve fund
  • Balcony area
  • The total number of houses
  • Parking
  • Exclusively owned area
  • Direction
  • Number of stories5story
  • Management system
  • Zoningcommercial districts
  • Conditions of transactionsseller
  • As isFor rent (full occupancy)
  • Delivery dateConsultation
  • Notification of land transactionsdisuse
  • Management Number
  • Date of registration3/7/2025
  • Note of caution

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