Investment Opportunity in a Quiet Residential Neighborhood of Tondabayashi

This property presents a unique investment opportunity as an owner-change income property located in a quiet residential area of Tondabayashi City, Osaka Prefecture. The building is a two-story wooden structure built in June 1978, offering a total floor area of 64.6 square meters (approximately 19.54 tsubo). The layout is a 4DK configuration, comprising three Japanese-style rooms (each 6 tatami mats), one Western-style room (5.5 tatami mats), and a combined dining-kitchen area (5.7 tatami mats).

The property is equipped with propane gas, electricity, and a municipal water supply. A notable feature is the availability of a free parking space. The land area is 56.12 square meters (approximately 16.97 tsubo) with a building-to-land ratio of 60% and a floor area ratio of 200%. The front road is approximately 4.9 meters wide, with a designated building line in place. The land is flat and zoned as Category 1 Residential District within the urbanization promotion area.

Currently tenanted, this investment property boasts an estimated annual rental income of 600,000 yen, projecting a yield of 12.5%. The handover timing is negotiable. The location is highly convenient, with Tondabayashi Station on the Kintetsu Nagano Line approximately a 14-minute walk away. Daily necessities are within easy reach, with a Seven-Eleven convenience store just a 2-minute walk, and Cocokara Fine drugstore and Sun Plaza within a 4-minute walk.

The area of Tondabayashi is rich in history and culture, known for its well-preserved merchant town district, a designated Important Preservation District for Groups of Traditional Buildings. A short drive or train ride away, visitors can explore the scenic Kongō-Ikoma-Kisen Quasi-National Park, which offers hiking trails, panoramic views, and seasonal natural beauty, providing a perfect escape into nature.