For SaleCondominiumAkiya

Asahi Plaza City Southern Coast

Onosato 6-chome, Sennan-shi, Osaka
Asking Price
¥7,000,000
Est. Net Yield: 8.47%
Asahi Plaza City Southern Coast - 1/7
1 / 7

Executive Summary

This is a 4th-floor unit in Asahi Plaza City Southern Coast, a 15-story steel-framed reinforced concrete (SRC) apartment building constructed in May 1992, located in Onosato 6-chome, Sennan-shi, Osaka. It is a 16-minute walk from Tarui Station on the Nankai Electric Railway Nankai Main Line. The floor area is 68 sqm and the balcony area is 10.19 sqm, featuring a south-facing 3LDK layout with a living-dining room of approximately 11.9 tatami mats. Main facilities include an auto-lock system and an elevator. Land rights are ownership (site ownership ratio is 6507/1135512), and the zoning is Quasi-Industrial Zone. The current condition is vacant, and handover is negotiable. Nearby facilities include a convenience store (176 m, a 3-minute walk) and a post office (613 m, an 8-minute walk). The building has 163 units in total, was constructed by Haseko Corporation, and operates under fully outsourced management (permanent on-site staff). Pets are not allowed, parking is available, and the neighborhood association fee is 300 yen.

Property Details

Building Area
68.0 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1992
Floors
Floor 4 of 15
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥890,000
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
Yes · 管理会社へ空都度確認要、車種による

Building management

Management type
Fully outsourced
Building manager
Live-in
Management company
日本ビルサービス(株)
Total units
163 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 1670 m

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

Location & Map

Investment Analysis

Est. Gross Yield12.67%
Est. Net Yield8.47%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
12.67%
Est. Net Yield
8.47%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥7,100,000+¥590,000¥700,0009.2%1.1%
2yr¥7,210,000+¥1,190,000¥1,400,00018.4%5.2%
3yr¥7,320,000+¥1,780,000¥2,100,00027.6%6.6%
4yr¥7,430,000+¥2,370,000¥2,800,00036.8%7.2%
5yr¥7,540,000+¥2,970,000¥3,510,00046%7.6%
6yr¥7,650,000+¥3,560,000¥4,210,00055.3%7.9%
7yr¥7,770,000+¥4,150,000¥4,920,00064.6%8%
8yr¥7,890,000+¥4,740,000¥5,630,00073.9%8.1%
9yr¥8,000,000+¥5,340,000¥6,340,00083.3%8.2%
10yr¥8,120,000+¥5,930,000¥7,050,00092.6%8.2%

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.)
¥615,000
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)¥120,000
Registration License Tax (title transfer)¥60,000
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)
Inquire