For SaleCondominiumAkiya

Asahi Plaza City Southern Coast

Onosato 6-chome, Sennan-shi, Osaka
Asking Price
¥6,000,000
Est. Net Yield: 10.74%
Asahi Plaza City Southern Coast - 1/1
1 / 1

Executive Summary

This property is Asahi Plaza City Southern Coast, a 15-story steel-framed reinforced concrete (SRC) condominium built in May 1992, located in Onosato 6-chome, Sennan-shi, Osaka. It is a 17-minute walk from Tarui Station on the Nankai Electric Railway Nankai Main Line. The unit on the 8th floor has a south-facing 3LDK layout, with a floor area of 75.2 m² and a balcony area of 10.81 m². The building contains 228 units in total, and management is fully outsourced with a resident manager on duty. The land right is ownership, and the zoning is designated as a Quasi-Industrial Zone. The property is currently vacant, handover is subject to consultation, and there are no parking spaces available. Additionally, as this is a bankruptcy trustee property, the seller bears no liability for non-conformity to the contract, and any movable property remaining at the time of delivery will be transferred to the buyer at no cost.

Property Details

Building Area
75.2 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1992
Floors
Floor 8 of 15
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥930,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Parking
No space available

Building management

Management type
Fully outsourced
Building manager
Live-in
Owners' association
Yes
Total units
228 units

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

Location & Map

Investment Analysis

Est. Gross Yield15.49%
Est. Net Yield10.74%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
15.49%
Est. Net Yield
10.74%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥6,090,000+¥640,000¥730,00011.2%2.4%
2yr¥6,180,000+¥1,290,000¥1,470,00022.4%6.9%
3yr¥6,270,000+¥1,930,000¥2,210,00033.6%8.4%
4yr¥6,370,000+¥2,580,000¥2,940,00044.8%9.1%
5yr¥6,460,000+¥3,220,000¥3,680,00056%9.5%
6yr¥6,560,000+¥3,870,000¥4,430,00067.3%9.8%
7yr¥6,660,000+¥4,510,000¥5,170,00078.6%9.9%
8yr¥6,760,000+¥5,150,000¥5,910,00089.9%10%
9yr¥6,860,000+¥5,800,000¥6,660,000101.3%10.1%
10yr¥6,960,000+¥6,440,000¥7,410,000112.6%10.2%

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.)
¥575,000
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)¥100,000
Registration License Tax (title transfer)¥50,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥90,000

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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