For SaleCondominium

Nissho Iwai Izuo Mansion

Izuo 1-chome, Taisho-ku, Osaka-shi, Osaka
  • Office use negotiable
  • Corner unit
  • Pets negotiable
Asking Price
¥22,000,000
Est. Net Yield: 6.99%
Nissho Iwai Izuo Mansion - 1/1
1 / 1

Executive Summary

This is a 2nd-floor unit of Nissho Iwai Izuo Mansion, a 9-story reinforced concrete condominium building constructed in February 1982 by Shimizu Corporation, located in Izuo 1-chome, Taisho-ku, Osaka-shi, Osaka. It is situated a 13-minute walk from Taisho Station on the Osaka Loop Line. The layout is 3SLDK with a floor area of 74㎡ and a balcony area of 13.2㎡, and it is a southeast-facing corner unit. Main facilities and equipment include an elevator, system kitchen, separate bath and toilet, warm-water bidet toilet seat, and city gas. The land rights are ownership, and the zoning is Quasi-Industrial Zone. The property is currently occupied, delivery is negotiable, with pets negotiable, office use negotiable, and parking available. As for nearby facilities, an elementary school is 402m (a 6-minute walk) away.

Property Details

Building Area
74.0 ㎡
Layout
3SLDK
3 bedrooms + storage room + living, dining & kitchen
Structure
RC
Built Year
1982
Floors
Floor 2 of 9
Earthquake Std.
To be confirmed
Est. Annual Rent
¥1,720,000
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)
5,527.5 ㎡
Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Other costs
借地料: ¥5,450 per month
Other costs
管理協力金,役員拒否: ¥2,000 per month
Parking
Yes · 駐車場3台分以上 · 条件による価格差あり

Building condition

Building inspection
申込対応可

Building management

Management type
Fully outsourced
Building manager
Live-in
Management company
互光建物管理株式会社
Owners' association
Yes
Total units
2 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 402 m
To junior high school
about 586 m

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

Location & Map

Investment Analysis

Est. Gross Yield7.83%
Est. Net Yield6.99%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
7.83%
Est. Net Yield
6.99%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥22,330,000+¥1,540,000¥1,870,0007.9%1.3%
2yr¥22,660,000+¥3,080,000¥3,740,00015.9%4.7%
3yr¥23,000,000+¥4,610,000¥5,620,00023.9%5.8%
4yr¥23,350,000+¥6,150,000¥7,500,00031.8%6.3%
5yr¥23,700,000+¥7,690,000¥9,390,00039.9%6.6%
6yr¥24,060,000+¥9,230,000¥11,290,00047.9%6.8%
7yr¥24,420,000+¥10,770,000¥13,180,00056%6.9%
8yr¥24,780,000+¥12,310,000¥15,090,00064%7%
9yr¥25,150,000+¥13,840,000¥17,000,00072.1%7.1%
10yr¥25,530,000+¥15,380,000¥18,910,00080.3%7.1%

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.)
¥1,562,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥792,000
Real Estate Acquisition Tax (est., rate varies by property type)¥390,000
Registration License Tax (title transfer)¥190,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥180,000

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.

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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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