For SaleCondominiumAkiya

Seaside Kaikake

Kaikake, Hannan-shi, Osaka
  • Sea view
Asking Price
¥1,200,000
Est. Net Yield: 24.1%
Seaside Kaikake - 1/16
1 / 16

Executive Summary

This property is located on the 3rd floor of Seaside Kaikake, a 5-story reinforced concrete condominium built in December 1973 in Kaikake, Hannan-shi, Osaka. Transportation access includes a 10-minute walk from Tottorinogo Station on the Nankai Electric Railway Nankai Main Line and a 20-minute walk from Hakotsukuri Station on the same line. The floor area is 43.8 m2, the balcony area is 9.48 m2, and the layout is a south-facing 3DK. Facilities and features include a separate bath and toilet, a system kitchen, flooring, a Japanese-style room, and storage space. Land rights are ownership, and the zoning is Category I Medium-to-High-Rise Residential Zone. The current status is vacant, and delivery is available immediately. Surrounding amenities are located within walking distance, including a convenience store 220 m away (3-minute walk), a supermarket 488 m away (7-minute walk), a bank 489 m away (7-minute walk), a post office 629 m away (8-minute walk), and a drug store 858 m away (11-minute walk).

Property Details

Building Area
43.8 ㎡
Layout
3DK
3 bedrooms + dining kitchen
Structure
RC
Built Year
1973
Floors
Floor 3 of 5
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥390,000
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
Category 1 mid/high-rise residential zone

Costs besides the price

Parking
都度確認

Building management

Management type
Self-managed
Building manager
不在
Management company
株式会社すみれ
Total units
20 units

Utilities & nearby

Gas
Propane gas
Water
Public water supply
Drainage
Septic tank
To elementary school
about 1510 m
To junior high school
about 1766 m

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

Location & Map

Investment Analysis

Est. Gross Yield32.5%
Est. Net Yield24.1%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
32.50%
Est. Net Yield
24.10%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥1,220,000+¥290,000¥310,00019%-7%
2yr¥1,240,000+¥580,000¥610,00037.9%6.3%
3yr¥1,250,000+¥870,000¥920,00056.9%11.1%
4yr¥1,270,000+¥1,160,000¥1,230,00075.9%13.5%
5yr¥1,290,000+¥1,450,000¥1,540,00094.9%14.8%
6yr¥1,310,000+¥1,740,000¥1,850,000114%15.7%
7yr¥1,330,000+¥2,020,000¥2,160,000133%16.3%
8yr¥1,350,000+¥2,310,000¥2,470,000152.1%16.7%
9yr¥1,370,000+¥2,600,000¥2,770,000171.2%17%
10yr¥1,390,000+¥2,890,000¥3,080,000190.3%17.2%

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.)
¥421,000
Brokerage fee (special rule for properties of ¥8M or less: flat ¥300,000 plus consumption tax)¥330,000
Real Estate Acquisition Tax (est., rate varies by property type)¥20,000
Registration License Tax (title transfer)¥10,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥60,000

For properties of ¥8M or less, the brokerage fee is a flat ¥330,000 including tax under a special rule in the regulations (explained when you sign the brokerage agreement).

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

Book from open times

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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