For SaleCondominium

Komyodai High Town Building 2

Komyodai 1-chome, Izumi-shi, Osaka
Asking Price
¥7,300,000
Est. Net Yield: 10.95%
Komyodai High Town Building 2 - 1/1
1 / 1

Executive Summary

Located in Komyodai 1-chome, Izumi-shi, Osaka, Komyodai High Town Building 2 is a 10-story SRC condominium built in December 1980. The location offers access via a 15-minute bus ride from Komyoike Station on the Nankai Electric Railway Semboku Line, followed by a 2-minute walk from the bus stop. The 1st-floor unit features a floor area of 95.8㎡ with a 4LDK layout, equipped with a system kitchen and an indoor washing machine space, under fully outsourced day-shift management. Land rights are ownership, and the zoning is Category I Medium-to-High-Rise Residential Zone. It is currently tenanted as an income property, with handover timing negotiable. Nearby facilities include an elementary school (231m, 3-minute walk), a kindergarten/nursery school (680m, 9-minute walk), a post office (875m, 11-minute walk), and a junior high school (928m, 12-minute walk).

Property Details

Building Area
95.8 ㎡
Layout
4LDK
4 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1980
Floors
Floor 1 of 10
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥1,150,000
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

Land rights
Freehold
Zoning
Category 1 mid/high-rise residential zone

Building management

Management type
Fully outsourced
Building manager
Daytime

Utilities & nearby

To elementary school
about 231 m
To junior high school
about 928 m

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

Location & Map

Investment Analysis

Est. Gross Yield15.72%
Est. Net Yield10.95%

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
15.72%
Est. Net Yield
10.95%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥7,410,000+¥800,000¥910,00011.5%3.6%
2yr¥7,520,000+¥1,600,000¥1,820,00023%7.6%
3yr¥7,630,000+¥2,400,000¥2,730,00034.5%9%
4yr¥7,750,000+¥3,200,000¥3,650,00046%9.6%
5yr¥7,860,000+¥4,000,000¥4,560,00057.5%10%
6yr¥7,980,000+¥4,800,000¥5,480,00069.1%10.2%
7yr¥8,100,000+¥5,600,000¥6,400,00080.7%10.3%
8yr¥8,220,000+¥6,390,000¥7,320,00092.3%10.4%
9yr¥8,350,000+¥7,190,000¥8,240,000104%10.5%
10yr¥8,470,000+¥7,990,000¥9,160,000115.6%10.5%

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.)
¥625,000
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)¥130,000
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.

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Book a Private Viewing or Online Consultation

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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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