For SaleCondominium

City Tower Umeda Higashi

Honjonishi 1-chome, Kita-ku, Osaka-shi, Osaka
  • 20+ story building
  • 10th floor or higher
Asking Price
¥89,500,000
Est. Net Yield: 2.47%
City Tower Umeda Higashi - 1/1
1 / 1

Executive Summary

City Tower Umeda Higashi is a 44-story reinforced concrete condominium built in December 2016, located in Honjonishi 1-chome, Kita-ku, Osaka-shi, Osaka. It is a 7-minute walk from Nakazakicho Station on the Osaka City Tanimachi Line, and an 8-minute walk from Tenjinbashisuji 6-chome Station on the Hankyu Senri Line and Osaka City Sakaisuji Line. The unit is an east-facing 2LDK situated on the 14th floor, featuring a floor area of 60.8 sqm and a balcony area of 6.67 sqm. The building and unit are equipped with a walk-in closet, a system kitchen, an auto-lock system, and two or more elevators. The land rights are ownership, and the zoning is Commercial Zone and Quasi-Industrial Zone. The property is currently tenanted, and handover is negotiable. Surrounding amenities include a convenience store (179m, 3-minute walk), commercial facilities (268m, 4-minute walk), a post office (403m, 6-minute walk), a medical institution (412m, 6-minute walk), and a bank (537m, 7-minute walk). Additionally, the lease contract is in an individual's name with a rent guarantor company attached.

Property Details

Building Area
60.8 ㎡
Layout
2LDK
2 bedrooms + living, dining & kitchen
Structure
RC
Built Year
2016
Floors
Floor 14 of 44
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,500,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Leased (tenant in place)
Handover
Negotiable

Land & legal restrictions

Site area (whole building)
5,893.9 ㎡
Land rights
Freehold
Zoning
Commercial zone / Quasi-industrial zone

Building management

Management type
Fully outsourced
Building manager
Live-in
Management company
住友不動産建物サービス株式会社
Owners' association
Yes
Total units
501 units

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

Location & Map

Investment Analysis

Gross Yield2.79%
Est. Net Yield2.47%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
2.79%
Est. Net Yield
2.47%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥90,840,000+¥2,210,000¥3,560,0003.7%-2.6%
2yr¥92,210,000+¥4,430,000¥7,130,0007.5%0.6%
3yr¥93,590,000+¥6,640,000¥10,730,00011.2%1.6%
4yr¥94,990,000+¥8,850,000¥14,350,00015%2.2%
5yr¥96,420,000+¥11,070,000¥17,990,00018.8%2.5%
6yr¥97,860,000+¥13,280,000¥21,650,00022.7%2.7%
7yr¥99,330,000+¥15,500,000¥25,330,00026.5%2.8%
8yr¥100,820,000+¥17,710,000¥29,030,00030.4%2.9%
9yr¥102,330,000+¥19,920,000¥32,760,00034.3%3%
10yr¥103,870,000+¥22,140,000¥36,510,00038.2%3.1%

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.)
¥6,049,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥3,019,500
Real Estate Acquisition Tax (est., rate varies by property type)¥1,610,000
Registration License Tax (title transfer)¥800,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥590,000

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)
Inquire