For SaleCondominium

Hankyu Higashinara Kosojutaku Building E

Higashinara 3-chome, Ibaraki-shi, Osaka
  • Top floor
Asking Price
¥19,900,000
Est. Net Yield: 5.61%
Hankyu Higashinara Kosojutaku Building E - 1/1
1 / 1

Executive Summary

This is Hankyu Higashinara Kosojutaku Building E, a reinforced concrete (RC) 8-story condominium built in March 1979, located in Higashinara 3-chome, Ibaraki-shi, Osaka. For transportation, it is a 3-minute walk from Minami-Ibaraki Station on the Hankyu Kyoto Line and Osaka Monorail Main Line, offering access to 2 train lines. The unit is located on the 8th floor, featuring a south-facing 3LDK layout with a floor area of 70.8 sqm and a balcony area of 8.86 sqm. The total number of units in the building is 93, constructed by Takenaka Corporation, with fully outsourced management (day shift). Key facilities include a system kitchen, pantry, separate bath and toilet, washroom, and city gas. The land rights are ownership, and the zoning is Category I Medium-to-High-Rise Residential Zone and Neighborhood Commercial Zone. The current status is vacant, and handover is immediate. Nearby facilities include an elementary school 490 m (7-minute walk) away.

Property Details

Building Area
70.8 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1979
Floors
Floor 8 of 8
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,380,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Immediately

Land & legal restrictions

Site area (whole building)
9,765.8 ㎡
Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone / Neighborhood commercial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
(株)阪急阪神ハウジングサポー
Owners' association
Yes
Total units
93 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 490 m
To junior high school
about 1240 m

Please confirm the details in the explanation of important matters before purchase.

Location & Map

Investment Analysis

Est. Gross Yield6.94%
Est. Net Yield5.61%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.94%
Est. Net Yield
5.61%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥20,200,000+¥1,120,000¥1,420,0006.6%0%
2yr¥20,500,000+¥2,230,000¥2,830,00013.3%3.3%
3yr¥20,810,000+¥3,350,000¥4,260,00020%4.5%
4yr¥21,120,000+¥4,470,000¥5,690,00026.7%5%
5yr¥21,440,000+¥5,580,000¥7,120,00033.4%5.3%
6yr¥21,760,000+¥6,700,000¥8,560,00040.1%5.5%
7yr¥22,090,000+¥7,820,000¥10,000,00046.9%5.7%
8yr¥22,420,000+¥8,930,000¥11,450,00053.7%5.8%
9yr¥22,750,000+¥10,050,000¥12,900,00060.5%5.8%
10yr¥23,090,000+¥11,170,000¥14,360,00067.3%5.9%

This simulation is an estimate based on the inputs provided and does not guarantee future income or asset value. Actual results may vary due to market conditions, vacancy rates, and interest rates. Investment decisions are made at your own risk; we do not provide investment advisory or agency services.

CLOSING COSTS

Estimated Closing Cost Breakdown

Total Closing Costs (Est.)
¥1,422,700
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥722,700
Real Estate Acquisition Tax (est., rate varies by property type)¥350,000
Registration License Tax (title transfer)¥170,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥170,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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Book a Private Viewing or Online Consultation

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Submit a Purchase Offer (LOI) for This Property

Send us your preferred price and closing timing. After you apply, you will move on to online identity verification (passport IC chip scan and proof of address) and electronic signing of the purchase agreement. You can follow the progress on My Page.

Identity verification under Japan's Act on Prevention of Transfer of Criminal Proceeds (online check and a code sent by international registered mail)
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