For SaleDetached HouseAkiyaRebuilding not permitted

Oaza Chihaya, Chihayaakasaka-mura, Minamikawachi-gun Detached House

Oaza Chihaya, Chihayaakasaka-mura, Minamikawachi-gun, Osaka
Asking Price
¥2,000,000
Oaza Chihaya, Chihayaakasaka-mura, Minamikawachi-gun Detached House - 1/13
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Executive Summary

This is a 2-story wooden detached house built in January 1950, located in Oaza Chihaya, Chihayaakasaka-mura, Minamikawachi-gun, Osaka. It is located a 28-minute bus ride from Kawachinagano Station on the Nankai Electric Railway Koya Line, followed by a 4-minute walk from the bus stop. The building area is 74 sqm with a 5K layout, equipped with electricity, public water supply, propane gas, vault toilet drainage, and gutters, with no parking available. The registered land area is 152.06 sqm of freehold ownership, situated on elevated ground within an Urbanization Control Area (unspecified zoning), with a building coverage ratio of 60% and a floor area ratio of 200%. It borders a 1m-wide public road on the north side and a 1m-wide public road on the east side, and rebuilding is not permitted. The property is currently vacant and ready for immediate delivery. It includes a field, and vehicle access is not possible.

Property Details

Building Area
74.0 ㎡
Layout
5K
5 bedrooms + kitchen
Structure
Wood
Built Year
1950
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
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

Rebuilding
Rebuilding not permittedIf the building is demolished, a new building cannot be built.
Land area
152.1 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
調整区域
Zoning
No zoning designated
Building coverage / floor area ratio
60% / 200%
Road access
North side Public road 1 m wide 5 m frontage / East side Public road 1 m wide 5 m frontage
Terrain
Elevated

Costs besides the price

Parking
None

Utilities & nearby

Gas
Propane gas
Water
Public water supply
Drainage
Collection tank

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

Location & Map

Investment Analysis

Yield figures for this property are provided once rental terms are confirmed. Please contact us.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
5.00%
Est. Net Yield
4.25%

The annual rent below is an assumption for this simulation, not rental data for this property. Adjust the slider to explore scenarios.

Management and repair fees for this property are not available, so expenses are assumed to be 15% of rent.

Est. Property ValueCumulative Net IncomeTotal Return
YearEst. Property ValueCumulative Net IncomeTotal ReturnROI (%)IRR (%)
1yr¥2,030,000+¥90,000¥110,0004.7%-13%
2yr¥2,060,000+¥170,000¥230,0009.5%-4.3%
3yr¥2,090,000+¥260,000¥350,00014.2%-1.2%
4yr¥2,120,000+¥340,000¥460,00019%0.3%
5yr¥2,150,000+¥430,000¥580,00023.8%1.3%
6yr¥2,190,000+¥510,000¥700,00028.7%1.9%
7yr¥2,220,000+¥600,000¥810,00033.5%2.3%
8yr¥2,250,000+¥680,000¥930,00038.4%2.7%
9yr¥2,290,000+¥770,000¥1,050,00043.3%2.9%
10yr¥2,320,000+¥850,000¥1,170,00048.2%3.1%

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.)
¥431,000
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)¥30,000
Registration License Tax (title transfer)¥10,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥60,000

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)
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