For SaleCondominium

City Tower Umeda Higashi

Honjonishi 1-chome, Kita-ku, Osaka-shi, Osaka
  • 20+ story building
  • Corner unit
  • 10th floor or higher
Asking Price
¥115,000,000
Est. Net Yield: 2.8%
City Tower Umeda Higashi - 1/7
1 / 7

Executive Summary

This is a 25th-floor corner unit in City Tower Umeda Higashi, a 44-story reinforced concrete condominium with 501 units built in December 2016, located in Honjonishi 1-chome, Kita-ku, Osaka-shi, Osaka. Transportation is a 7-minute walk from Nakazakicho Station on the Osaka Municipal Tanimachi Line, and an 8-minute walk from Tenjimbashisuji 6-chome Station on the Hankyu Senri Line and Osaka Municipal Sakaisuji Line. It is a southeast-facing 1LDK with a floor area of 75.8 sqm and a balcony area of 13.76 sqm, renovated from a 3LDK layout. Facilities include an auto-lock system, security cameras, a garbage disposer, and a dishwasher. Construction was undertaken by Shimizu Corporation, and management is fully outsourced with on-site staff. Land rights are ownership, and the zoning is Commercial Zone and Quasi-industrial Zone. The current condition is occupied, and delivery is negotiable. Nearby facilities include a kindergarten/nursery school (150m, 2-minute walk), a convenience store (179m, 3-minute walk), and commercial facilities (268m, 4-minute walk).

Property Details

Building Area
75.8 ㎡
Layout
1LDK
1 bedroom + living, dining & kitchen
Structure
RC
Built Year
2016
Floors
Floor 25 of 44
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥3,570,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Occupied by the seller
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

Utilities & nearby

To elementary school
about 241 m

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

Location & Map

Investment Analysis

Est. Gross Yield3.1%
Est. Net Yield2.8%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
3.10%
Est. Net Yield
2.80%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥116,720,000+¥3,220,000¥4,940,0004%-2.3%
2yr¥118,480,000+¥6,440,000¥9,910,0008.1%0.9%
3yr¥120,250,000+¥9,650,000¥14,910,00012.1%2%
4yr¥122,060,000+¥12,870,000¥19,930,00016.2%2.5%
5yr¥123,890,000+¥16,090,000¥24,980,00020.3%2.8%
6yr¥125,750,000+¥19,310,000¥30,050,00024.5%3%
7yr¥127,630,000+¥22,520,000¥35,160,00028.6%3.1%
8yr¥129,550,000+¥25,740,000¥40,290,00032.8%3.2%
9yr¥131,490,000+¥28,960,000¥45,450,00037%3.3%
10yr¥133,460,000+¥32,180,000¥50,640,00041.2%3.4%

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.)
¥7,771,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥3,861,000
Real Estate Acquisition Tax (est., rate varies by property type)¥2,070,000
Registration License Tax (title transfer)¥1,030,000
Stamp Duty (purchase agreement)¥60,000
Judicial Scrivener & Other Fees (est.)¥750,000

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

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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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