For SaleDetached HouseAkiya

Gokuden Pre-owned Terrace House

Gokuden 1-chome, Daito-shi, Osaka
Asking Price
¥7,500,000
Est. Gross Yield: 8.51%
Gokuden Pre-owned Terrace House - 1/11
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Executive Summary

This is a two-story wooden detached house built in December 1968, located in Gokuden 1-chome, Daito-shi, Osaka. Transportation is a 14-minute walk from Suminodo Station on the Katamachi Line. The building area is 42.1 sqm, and the layout is an east-facing 3DK. Facilities include a separate bath and toilet, a vanity with shower, an indoor washing machine space, air conditioning, and city gas. Renovations completed in June 2025 include replacing the wallpaper on the walls and ceilings, cushion flooring, fusuma sliding doors, and flooring in the first-floor Western-style room, kitchen, and second-floor Western-style room, as well as installing a new kitchen, vanity, and washing machine pan. The land area is 47.08 sqm based on the public register (including a 7.7 sqm private road burden), with ownership rights, located in a Category II Medium-and-High-Rise Residential Zone with a building-to-land ratio of 60% and a floor area ratio of 200%. The flat land borders a 4m-wide private road on the east side (setback completed). The property is currently vacant, and handover is negotiable. An elementary school is located 355m (a 5-minute walk) away as a neighborhood amenity.

Property Details

Building Area
42.1 ㎡
Layout
3DK
3 bedrooms + dining kitchen
Structure
Wood
Built Year
1968
Floors
2 Floors
Earthquake Std.
Old Seismic Standard
Est. Annual Rent
¥640,000
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
47.1 ㎡per land registry
Land rights
Freehold
Land category
Residential land
City planning area
Urbanization promotion area
Zoning
Category 2 mid/high-rise residential zone
Building coverage / floor area ratio
60% / 200%
Road access
East side Private road 4 m wide 3.8 m frontage
Setback
Completed · 7.7 ㎡
Private road share
Yes · 7.7 ㎡ · share 1/1
Terrain
Flat

Costs besides the price

Parking
None

Utilities & nearby

Gas
City gas
Water
Public water supply
Drainage
Public sewer
To elementary school
about 355 m
To junior high school
about 1354 m

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

Location & Map

Investment Analysis

Est. Gross Yield8.51%

Calculated from an estimated rent. Actual rent may differ.

ROI SIMULATION

ROI / IRR Investment Simulation

Est. Gross Yield
8.51%
Est. Net Yield
7.24%

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¥7,610,000+¥540,000¥660,0008.1%0.4%
2yr¥7,730,000+¥1,090,000¥1,310,00016.1%4.3%
3yr¥7,840,000+¥1,630,000¥1,970,00024.3%5.6%
4yr¥7,960,000+¥2,170,000¥2,630,00032.4%6.2%
5yr¥8,080,000+¥2,710,000¥3,290,00040.5%6.6%
6yr¥8,200,000+¥3,260,000¥3,960,00048.7%6.8%
7yr¥8,320,000+¥3,800,000¥4,620,00056.9%7%
8yr¥8,450,000+¥4,340,000¥5,290,00065.1%7.1%
9yr¥8,580,000+¥4,880,000¥5,960,00073.3%7.1%
10yr¥8,700,000+¥5,430,000¥6,630,00081.6%7.2%

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.)
¥625,000
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)¥130,000
Registration License Tax (title transfer)¥60,000
Stamp Duty (purchase agreement)¥5,000
Judicial Scrivener & Other Fees (est.)¥100,000

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

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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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