For SaleCondominium

Pressance Loger Miyakojima Hondori EAST

Miyakojima-hondori 4-chome, Miyakojima-ku, Osaka-shi, Osaka Prefecture
  • Corner unit
Asking Price
¥53,000,000
Est. Net Yield: 4.5%
Pressance Loger Miyakojima Hondori EAST - 1/15
1 / 15

Executive Summary

This is a 9th-floor unit in Pressance Loger Miyakojima Hondori EAST, a 15-story reinforced concrete condominium built in August 2018, located in Miyakojima-hondori 4-chome, Miyakojima-ku, Osaka-shi, Osaka Prefecture. It is located a 9-minute walk from Miyakojima Station on the Osaka City Tanimachi Line, and a 14-minute walk from both Kyobashi Station and Sakuranomiya Station on the Osaka Loop Line. The unit is a southeast corner room featuring a 2SLDK layout, a floor area of 71.2 m², and a balcony area of 11.2 m². Equipment includes floor heating, a dishwasher, a bathroom dryer, a mist sauna, a walk-in closet, and a slop sink on the balcony, with developer options added at the time of initial sale modifying a Japanese-style room to a Western-style room and adding shelves. The building features an auto-lock system, security cameras, and a pet foot washing area, and pets are permitted. The land rights are ownership, the zoning is Category I Residential Zone, the current status is vacant, and immediate handover is available. Nearby facilities include FamilyMart Miyakojima Nakadori 2-chome Store (approx. 120 m) and Mandai Miyakojima Store (approx. 530 m).

Property Details

Building Area
71.2 ㎡
Layout
2SLDK
2 bedrooms + storage room + living, dining & kitchen
Structure
RC
Built Year
2018
Floors
Floor 9 of 15
Earthquake Std.
New Seismic Standard
Est. Annual Rent
¥2,590,000
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
Zoning
Category 1 residential zone

Costs besides the price

Parking
Yes

Building management

Management type
Fully outsourced
Building manager
Daytime
Owners' association
Yes

Utilities & nearby

Gas
City gas

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

Location & Map

Investment Analysis

Est. Gross Yield4.89%
Est. Net Yield4.5%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
4.89%
Est. Net Yield
4.50%
Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥53,790,000+¥2,380,000¥3,180,0005.6%-0.8%
2yr¥54,600,000+¥4,770,000¥6,370,00011.2%2.4%
3yr¥55,420,000+¥7,150,000¥9,570,00016.9%3.5%
4yr¥56,250,000+¥9,540,000¥12,790,00022.6%4.1%
5yr¥57,100,000+¥11,920,000¥16,020,00028.3%4.4%
6yr¥57,950,000+¥14,300,000¥19,260,00034%4.6%
7yr¥58,820,000+¥16,690,000¥22,510,00039.7%4.7%
8yr¥59,700,000+¥19,070,000¥25,780,00045.5%4.8%
9yr¥60,600,000+¥21,460,000¥29,060,00051.3%4.8%
10yr¥61,510,000+¥23,840,000¥32,350,00057.1%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.)
¥3,635,000
Brokerage fee (3% of the price + ¥60,000, plus consumption tax; properties over ¥4 million)¥1,815,000
Real Estate Acquisition Tax (est., rate varies by property type)¥950,000
Registration License Tax (title transfer)¥470,000
Stamp Duty (purchase agreement)¥30,000
Judicial Scrivener & Other Fees (est.)¥370,000

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

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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.

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