For SaleCondominium

Clover Heights Daini Otemae

Kitashimmachi, Chuo-ku, Osaka-shi, Osaka
  • Roof balcony
Asking Price
¥38,500,000
Est. Net Yield: 3.02%
Clover Heights Daini Otemae - 1/15
1 / 15

Executive Summary

This 2nd-floor property is located in an 8-story reinforced concrete (RC) condominium building constructed in December 1980 in Kitashimmachi, Chuo-ku, Osaka-shi, Osaka. Transportation access includes a 5-minute walk to Tanimachi 4-chome Station on the Osaka City Tanimachi Line, a 7-minute walk to Tanimachi 4-chome Station on the Osaka City Chuo Line, and a 10-minute walk to Temmabashi Station on the Keihan Electric Railway Keihan Line. It is a south-facing 3LDK unit with a floor area of 69.6 sqm, a balcony area of 1 sqm, and a roof balcony. It is equipped with a system kitchen and an elevator, and a layout modification renovation was completed in May 2026. The land rights are ownership. The property is currently vacant and available for immediate handover. Surrounding facilities include a park (50 m, 1-minute walk), a convenience store (150 m, 2-minute walk), a bank (200 m, 3-minute walk), commercial facilities (310 m, 4-minute walk), and a post office (310 m, 4-minute walk).

Property Details

Building Area
69.6 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
RC
Built Year
1980
Floors
Floor 2 of 8
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,680,000
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

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
日本住宅管理株式会社
Owners' association
Yes

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.35%
Est. Net Yield3.02%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.35%
Est. Net Yield
3.02%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥39,080,000+¥1,160,000¥1,740,0004.2%-2.2%
2yr¥39,660,000+¥2,330,000¥3,490,0008.5%1%
3yr¥40,260,000+¥3,490,000¥5,250,00012.8%2.1%
4yr¥40,860,000+¥4,660,000¥7,020,00017.1%2.7%
5yr¥41,480,000+¥5,820,000¥8,800,00021.4%3%
6yr¥42,100,000+¥6,980,000¥10,580,00025.7%3.2%
7yr¥42,730,000+¥8,150,000¥12,380,00030.1%3.3%
8yr¥43,370,000+¥9,310,000¥14,180,00034.5%3.4%
9yr¥44,020,000+¥10,480,000¥16,000,00038.9%3.5%
10yr¥44,680,000+¥11,640,000¥17,820,00043.3%3.6%

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.)
¥2,656,500
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,336,500
Real Estate Acquisition Tax (est., rate varies by property type)¥690,000
Registration License Tax (title transfer)¥340,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥280,000

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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