For SaleCondominium

Ikejima-cho Jutaku

Ikejima 3-chome, Minato-ku, Osaka-shi, Osaka
  • Pets negotiable
Asking Price
¥5,300,000
Est. Net Yield: 8.45%
Ikejima-cho Jutaku - 1/7
1 / 7

Executive Summary

This property is a 2nd-floor unit in a 5-story reinforced concrete (RC) condominium built in March 1974, located in Ikejima 3-chome, Minato-ku, Osaka-shi, Osaka. It is a 12-minute walk from Asashiobashi Station on the Osaka Metro Chuo Line. The floor area is 29.6 sqm, the balcony area is 2.4 sqm, the layout is 1K, and it faces southeast. Main facilities include separate bath and toilet, city gas, and storage space. Land rights are ownership, and the zoning is Quasi-industrial Zone. The current status is occupied, delivery is negotiable, and the tenant can vacate within 2 months after the contract at the seller's expense. Nearby facilities include a kindergarten/nursery school (357 m, 5-minute walk), an elementary school (465 m, 6-minute walk), a post office (505 m, 7-minute walk), a bank (529 m, 7-minute walk), a supermarket (733 m, 10-minute walk), a drugstore (764 m, 10-minute walk), and a medical facility (785 m, 10-minute walk), and it is located near a river.

Property Details

Building Area
29.6 ㎡
Layout
1K
Studio with separate kitchen
Structure
RC
Built Year
1974
Floors
Floor 2 of 5
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥510,000
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)
2,793.2 ㎡
Land rights
Freehold
Zoning
Quasi-industrial zone

Costs besides the price

Parking
Yes

Building management

Management type
Self-managed
Building manager
不在
Total units
100 units

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 465 m

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

Location & Map

Investment Analysis

Est. Gross Yield9.58%
Est. Net Yield8.45%

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
9.58%
Est. Net Yield
8.45%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥5,380,000+¥450,000¥530,0009%-0.5%
2yr¥5,460,000+¥900,000¥1,060,00018%4.4%
3yr¥5,540,000+¥1,340,000¥1,590,00027.1%6%
4yr¥5,630,000+¥1,790,000¥2,120,00036.2%6.8%
5yr¥5,710,000+¥2,240,000¥2,650,00045.2%7.2%
6yr¥5,800,000+¥2,690,000¥3,180,00054.4%7.5%
7yr¥5,880,000+¥3,140,000¥3,720,00063.5%7.7%
8yr¥5,970,000+¥3,580,000¥4,250,00072.7%7.8%
9yr¥6,060,000+¥4,030,000¥4,790,00081.8%7.9%
10yr¥6,150,000+¥4,480,000¥5,330,00091%8%

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.)
¥555,000
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)¥90,000
Registration License Tax (title transfer)¥40,000
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.

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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.

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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