Spacious 2LDK Apartment with Dual Balcony and River Views in Tondabayashi
This well-maintained apartment, located in Tondabayashi City, Osaka Prefecture, offers a comfortable living space with a practical 2LDK layout. The property features a total floor area of 43.3 sqm (approximately 13.09 tsubo) and is situated on the 2nd floor of a 4-storey reinforced concrete (RC) building constructed in June 1970. The apartment is part of a 24-unit complex managed by a dedicated homeowners' association and a professional management company.
Key equipment includes a dedicated toilet, a separate bath and toilet, a washbasin area, a system kitchen with a 2-burner stove, a closet, city gas, running water, sewage system, hot water supply, and a bicycle parking area (no motorcycle parking). Special notes highlight the property's proximity to a river and its two-sided lighting, which allows for excellent natural light and ventilation. Important remarks specify that all inquiries must be directed to the agent listed on the flyer via the provided telephone number or email.
Currently tenanted, this unit presents an investment opportunity with an estimated annual rental income of 600,000 yen and a projected yield of 10.00%. The owner is planning a change, making this an ideal purchase for an investor. Additional monthly costs include a 5,000 yen management fee and a 5,000 yen repair reserve fund. A parking space is available for 6,000 yen per month.
The surrounding area of Tondabayashi offers a blend of convenience and local charm. An interesting historical fact is that Tondabayashi is home to one of Japan's oldest surviving merchant districts, the Tondabayashi Jinai-machi, which dates back to the 16th century and features traditional architecture. For recreation and culture, residents can easily visit the iconic Kongō-ji Temple, a historic and significant temple complex with beautiful grounds, located within the city.