Osaka Castle Park Building
Commercial
Minpaku / Hotel
Tenanted
Osaka
Posted On 26-10-2019
1-chome-9-18 Nakamichi, Higashinari-ku, Osaka.
¥
55,000,000
Buy
-
Land Area
48.62 m2
-
Layout
-
-
Built Year
1979
-
Gross Yield
12.04%
Building / Land Information
|
Property Name (Jap): |
大阪城公園一棟 |
|
|
Property Name: |
Osaka Castle Park Building |
|
Address (Jap): |
大阪市東成區中道1-9-18 |
|
|
Address: |
1-chome-9-18 Nakamichi, Higashinari-ku, Osaka. |
|
Land Ownership: |
Freehold |
|
Building Structure: |
Steel |
|
Built Year: |
1979 |
|
Land Area: |
48.62 m2 / 523.35 ft2 |
Unit Information
|
Total Units: |
4 |
|
Layout: |
- |
|
Floor Area: |
166.84 m2 / 1,795.87 ft2 |
|
Occupancy Status: |
Tenanted |
Location Information
|
Transportation: |
Morinomiya station / 5 minutes walking distance |
|
Map Link: |
https://goo.gl/maps/3v6QbQPc9gfZj9yq8 |
Additional Information
| Note 1: | 1st floor shop with tenancy / JPY120,000 monthly rental |
| Note 2: | 2nd, 3rd and 4th floor for minpaku / income projected based on 80% occupancy rate |
| Offer Price | 3% Offer Price |
5% Offer Price |
|
|---|---|---|---|
| Purchase Price: | ¥55,000,000 | ¥53,350,000 | ¥52,250,000 |
| Land Registration & Legal Fee (Estimated): | ¥280,000 | ||
Agency Brokerage Fee:
|
¥1,881,000 | ¥1,826,550 | ¥1,790,250 |
| Total Cost of Purchase: | ¥57,161,000 | ¥55,456,550 | ¥54,320,250 |
| Monthly | Annually | |
|---|---|---|
| Rental Income: | ¥552,000 | ¥6,624,000 |
| Building Management Fee: | -¥129,600 | -¥1,555,200 |
| Building Sinking Fund: | -¥0 | -¥0 |
| Other Miscellaneous Fee: | -¥50,000 | -¥600,000 |
| Agency Management Fee: | -¥30,360 | -¥364,320 |
| Annual Fixed Asset & City Planning Tax (Estimated): | - | -¥80,000 |
| Net Rental Income After Tax: | ¥4,024,480 | |
| Offer Price | 3% Offer Price |
5% Offer Price |
|
|---|---|---|---|
| Purchase Price: | ¥55,000,000 | ¥53,350,000 | ¥52,250,000 |
| Gross Rental Yield: | 12.04% | 12.42% | 12.68% |
| Net Rental Yield: | 7.18% | 7.40% | 7.56% |
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