For SaleCondominium

Kintetsu Nanko Garden Heights Building 24

Nankonaka 4-chome, Suminoe-ku, Osaka-shi, Osaka
Asking Price
¥16,990,000
Est. Net Yield: 3.9%
Kintetsu Nanko Garden Heights Building 24 - 1/14
1 / 14

Executive Summary

This 14-story SRC condominium, built in March 1980, is located in Nankonaka 4-chome, Suminoe-ku, Osaka-shi, Osaka. Transportation access includes a 6-minute walk to Port Town-higashi Station and Port Town-nishi Station, as well as a 15-minute walk to Nakafuto Station on the Nanko Port Town Line. The unit is on the 4th floor, which is an elevator-stop floor, with a southeast-facing 3LDK layout, a floor area of 68.6 sqm, and a balcony area of 9.73 sqm. Features include a system kitchen, dishwasher, bathroom dryer, and warm-water washlet toilet seat, with renovations of the wet areas, flooring, and wallpaper completed in June 2026. Land rights are ownership. The current status is vacant, and handover is available immediately. Nearby facilities include a post office (169m, 3-minute walk), an elementary school (324m, 5-minute walk), a commercial facility (393m, 5-minute walk), a convenience store (431m, 6-minute walk), and a junior high school (570m, 8-minute walk).

Property Details

Building Area
68.6 ㎡
Layout
3LDK
3 bedrooms + living, dining & kitchen
Structure
SRC
Built Year
1980
Floors
Floor 4 of 14
Earthquake Std.
Old 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
Immediately

Land & legal restrictions

Land rights
Freehold

Building management

Management type
Fully outsourced
Building manager
Daytime
Management company
近鉄住宅管理
Total units
221 units

Utilities & nearby

Gas
City gas
To elementary school
about 324 m
To junior high school
about 570 m

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

Location & Map

Investment Analysis

Est. Gross Yield5.24%
Est. Net Yield3.9%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.24%
Est. Net Yield
3.90%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥17,240,000+¥660,000¥920,0005%-1.8%
2yr¥17,500,000+¥1,330,000¥1,840,00010.1%1.7%
3yr¥17,770,000+¥1,990,000¥2,760,00015.2%2.8%
4yr¥18,030,000+¥2,650,000¥3,690,00020.3%3.4%
5yr¥18,300,000+¥3,310,000¥4,630,00025.4%3.7%
6yr¥18,580,000+¥3,980,000¥5,560,00030.5%3.9%
7yr¥18,860,000+¥4,640,000¥6,500,00035.7%4.1%
8yr¥19,140,000+¥5,300,000¥7,450,00040.9%4.2%
9yr¥19,430,000+¥5,960,000¥8,400,00046.1%4.3%
10yr¥19,720,000+¥6,630,000¥9,350,00051.3%4.3%

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.)
¥1,236,670
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥626,670
Real Estate Acquisition Tax (est., rate varies by property type)¥300,000
Registration License Tax (title transfer)¥150,000
Stamp Duty (purchase agreement)¥10,000
Judicial Scrivener & Other Fees (est.)¥150,000

These are estimated costs. Property tax and other pro-rated amounts are calculated separately at closing.

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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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