For SaleCondominium

La Residence de Kyobashi

Miyakojimaminamidori 2-chome, Miyakojima-ku, Osaka-shi, Osaka
Asking Price
¥7,980,000
Est. Net Yield: 4.67%
La Residence de Kyobashi - 1/1
1 / 1

Executive Summary

La Residence de Kyobashi, located in Miyakojimaminamidori 2-chome, Miyakojima-ku, Osaka-shi, Osaka, is an 11-story steel-framed reinforced concrete (SRC) condominium building with a total of 160 units, constructed in February 1988 by Obayashi Corporation. For transit, it is accessible via a 12-minute walk to Kyobashi Station on the Osaka Loop Line and a 14-minute walk to Miyakojima Station on the Osaka Metro Tanimachi Line. The unit is a 1R layout situated on the 8th floor with a floor area of 15.4㎡; building facilities include an elevator, and city gas is supplied. Land rights are ownership, and the zoning is Category I Residential Zone. It is currently tenanted, and the handover timing is open to consultation. Pets and office use are not permitted, and the balcony area is unknown.

Property Details

Building Area
15.4 ㎡
Layout
1R
Studio
Structure
SRC
Built Year
1988
Floors
Floor 8 of 11
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥480,000
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)
1,193.6 ㎡
Land rights
Freehold
Zoning
Category 1 residential zone

Costs besides the price

Other costs
水道代: ¥1,800 per month
Parking
None

Building management

Management type
Fully outsourced
Building manager
Visiting
Management company
プレストサービス
Owners' association
Yes
Total units
160 units

Utilities & nearby

Gas
City gas
Drainage
Public sewer

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

Location & Map

Investment Analysis

Est. Gross Yield6.02%
Est. Net Yield4.67%

This property is currently leased, but the current rent is not available, so this figure is estimated from market rents. The actual current rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
6.02%
Est. Net Yield
4.67%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥8,100,000+¥370,000¥490,0005.7%-1.8%
2yr¥8,220,000+¥740,000¥990,00011.4%2%
3yr¥8,340,000+¥1,120,000¥1,480,00017.2%3.3%
4yr¥8,470,000+¥1,490,000¥1,980,00022.9%3.9%
5yr¥8,600,000+¥1,860,000¥2,480,00028.7%4.3%
6yr¥8,730,000+¥2,230,000¥2,980,00034.5%4.5%
7yr¥8,860,000+¥2,610,000¥3,480,00040.4%4.6%
8yr¥8,990,000+¥2,980,000¥3,990,00046.2%4.8%
9yr¥9,120,000+¥3,350,000¥4,490,00052.1%4.8%
10yr¥9,260,000+¥3,720,000¥5,000,00058%4.9%

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.)
¥645,000
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)¥140,000
Registration License Tax (title transfer)¥70,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

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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