For SaleDetached HouseAkiya

Detached House in Ozakicho 4-chome, Hannan City

Ozakicho 4-chome, Hannan City, Osaka
Asking Price
¥5,000,000
Est. Gross Yield: 14.06%
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Executive Summary

This property is a 2-story wooden detached house built in May 1972, located in Ozakicho 4-chome, Hannan City, Osaka. Transportation access includes a 13-minute walk from Ozaki Station on the Nankai Electric Railway Nankai Main Line and a 27-minute walk from Tarui Station on the same line. The building floor area is 130.8 sqm with a 6DK layout featuring earthen floor storage. Facilities include separate bath and toilet, indoor washing machine space, public water, public sewer, and propane gas. The land area is 178.87 sqm (official register) of freehold ownership, situated in an urbanization promotion area designated as Category I Residential Zone (building-to-land ratio: 60%, floor area ratio: 160%). It is a corner lot facing a 2.6-meter-wide public road on the northeast side, and a setback is required. The current status is vacant, delivery is negotiable, and there is no parking. Nearby amenities include a convenience store 358m away (5-minute walk), a post office 482m away (7-minute walk), an elementary school 520m away (7-minute walk), a kindergarten/nursery school 650m away (9-minute walk), a supermarket 668m away (9-minute walk), and medical facilities 964m away (13-minute walk).

Property Details

Building Area
130.8 ㎡
Layout
6DK
6 bedrooms + dining kitchen
Structure
Wood
Built Year
1972
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥700,000
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

Land area
178.9 ㎡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% / 160%
Road access
Northeast side Public road 2.6 m wide 7.2 m frontage
Setback
Required
Legal restrictions
法22条、宅造、第3種高度地区

Costs besides the price

Parking
None

Utilities & nearby

Gas
Propane gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 520 m
To junior high school
about 1934 m

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

Location & Map

Investment Analysis

Est. Gross Yield14.06%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
14.06%
Est. Net Yield
11.95%

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¥5,070,000+¥600,000¥670,00012.1%2.2%
2yr¥5,150,000+¥1,200,000¥1,350,00024.3%7.3%
3yr¥5,230,000+¥1,790,000¥2,020,00036.4%9%
4yr¥5,310,000+¥2,390,000¥2,700,00048.6%9.8%
5yr¥5,390,000+¥2,990,000¥3,380,00060.8%10.3%
6yr¥5,470,000+¥3,590,000¥4,050,00073%10.6%
7yr¥5,550,000+¥4,180,000¥4,730,00085.3%10.8%
8yr¥5,630,000+¥4,780,000¥5,410,00097.5%10.9%
9yr¥5,720,000+¥5,380,000¥6,100,000109.8%11%
10yr¥5,800,000+¥5,980,000¥6,780,000122.1%11%

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.)
¥551,000
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)¥90,000
Registration License Tax (title transfer)¥40,000
Stamp Duty (purchase agreement)¥1,000
Judicial Scrivener & Other Fees (est.)¥90,000

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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