For SaleDetached HouseAkiyaRebuilding not permitted

Umizuka 2-chome, Kaizuka City Detached House

Umizuka 2-chome, Kaizuka City, Osaka
Asking Price
¥3,800,000
Gross Yield: 12.32%
Umizuka 2-chome, Kaizuka City Detached House - 1/8
1 / 8

Executive Summary

This is a 1-story wooden detached house built in April 1964, located in Umizuka 2-chome, Kaizuka City, Osaka. For transportation, it is located a 5-minute walk from Kaizuka-shiyakushomae Station on the Mizuma Railway Mizuma Line, a 7-minute walk from Kaizuka Station on the same line, and a 9-minute walk from Koginosato Station. The building area is 35.8 sqm with a 2K layout, equipped with city gas. The land area is 57.32 sqm based on the public register with ownership rights. It is located in an Urbanization Promotion Area and Category I Residential Zone, with a building-to-land ratio of 60% and a floor area ratio of 200%. Rebuilding is not permitted, and there is no parking. The property is currently vacant, and handover is open for consultation. Surrounding facilities include a junior high school (377m, 5-minute walk), post office (397m, 5-minute walk), convenience store (433m, 6-minute walk), bank (558m, 7-minute walk), and commercial facilities (683m, 9-minute walk).

Property Details

Building Area
35.8 ㎡
Layout
2K
2 bedrooms + kitchen
Structure
Wood
Built Year
1964
Floors
1 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥470,000
Transaction Type
Brokerage
Japan Real Estate · Governor of Tokyo (1) No. 113344

Detailed property information

Status & handover

Current status
Vacant
Handover
Negotiable

Land & legal restrictions

Rebuilding
Rebuilding not permittedIf the building is demolished, a new building cannot be built.
Land area
57.3 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 1 residential zone
Building coverage / floor area ratio
60% / 200%

Costs besides the price

Parking
None

Utilities & nearby

Gas
City gas
To elementary school
about 1094 m
To junior high school
about 377 m

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

Location & Map

Investment Analysis

Gross Yield12.32%

Based on the rent under the current lease.

ROI SIMULATION

ROI / IRR Investment Simulation

Gross Yield
12.32%
Est. Net Yield
10.47%

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¥3,860,000+¥400,000¥450,00010.6%-0.8%
2yr¥3,910,000+¥800,000¥910,00021.2%5%
3yr¥3,970,000+¥1,190,000¥1,370,00031.9%7%
4yr¥4,030,000+¥1,590,000¥1,820,00042.5%7.9%
5yr¥4,090,000+¥1,990,000¥2,280,00053.2%8.5%
6yr¥4,160,000+¥2,390,000¥2,740,00063.9%8.8%
7yr¥4,220,000+¥2,780,000¥3,200,00074.6%9.1%
8yr¥4,280,000+¥3,180,000¥3,660,00085.4%9.2%
9yr¥4,340,000+¥3,580,000¥4,130,00096.1%9.4%
10yr¥4,410,000+¥3,980,000¥4,590,000106.9%9.4%

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.)
¥491,000
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)¥60,000
Registration License Tax (title transfer)¥30,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥70,000

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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