For SaleCondominiumAkiya

Grand Heights Higashiobase

Higashiobase 1-chome, Higashinari-ku, Osaka-shi, Osaka
Asking Price
¥10,000,000
Est. Gross Yield: 4.65%
Grand Heights Higashiobase - 1/12
1 / 12

Executive Summary

Grand Heights Higashiobase is a 7-story steel-framed apartment building built in May 1999, located in Higashiobase 1-chome, Higashinari-ku, Osaka-shi, Osaka. Transportation access includes a 5-minute walk from Tamatsukuri Station on the Osaka Loop Line and a 12-minute walk from Tsuruhashi Station on the Osaka City Sennichimae Line, offering access to 2 train lines. The unit has a 1K layout with a floor area of 15.3㎡ and is located on the 3rd floor. The building features a tiled exterior and an elevator, and the unit is equipped with air conditioning and city gas utilities. Land rights are ownership, and the zoning is Quasi-Industrial Zone. The property is currently vacant and available for immediate handover. Nearby amenities include medical facilities (124m, 2-minute walk), a convenience store (125m, 2-minute walk), a supermarket (385m, 5-minute walk), an elementary school (441m, 6-minute walk), a bank (500m, 7-minute walk), and a post office (575m, 8-minute walk).

Property Details

Building Area
15.3 ㎡
Layout
1K
Studio with separate kitchen
Structure
Steel
Built Year
1999
Floors
Floor 3 of 7
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥470,000
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

Land rights
Freehold
Zoning
Quasi-industrial zone

Building management

Management type
Fully outsourced
Building manager
不在
Owners' association
Yes
Total units
27 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 441 m
To junior high school
about 318 m

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

Location & Map

Investment Analysis

Est. Gross Yield4.65%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.65%
Est. Net Yield
3.95%

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥10,150,000+¥400,000¥550,0005.1%-2.2%
2yr¥10,300,000+¥790,000¥1,090,00010.1%1.5%
3yr¥10,460,000+¥1,190,000¥1,640,00015.2%2.7%
4yr¥10,610,000+¥1,580,000¥2,190,00020.4%3.3%
5yr¥10,770,000+¥1,980,000¥2,750,00025.5%3.7%
6yr¥10,930,000+¥2,370,000¥3,310,00030.7%3.9%
7yr¥11,100,000+¥2,770,000¥3,870,00035.9%4%
8yr¥11,260,000+¥3,160,000¥4,430,00041.1%4.2%
9yr¥11,430,000+¥3,560,000¥4,990,00046.3%4.2%
10yr¥11,610,000+¥3,950,000¥5,560,00051.6%4.3%

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.)
¥781,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥396,000
Real Estate Acquisition Tax (est., rate varies by property type)¥180,000
Registration License Tax (title transfer)¥90,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥110,000

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

Choose from open times. Online consultations are confirmed right away and we send you a confirmation email. Live viewings from the property and in-person visits are confirmed after we check that the property can be viewed.

Apply online

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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