Thriving Urban Living near Sakaihigashi Station!

Unlock the potential of urban living in the vibrant city of Sakai, just a 3-minute stroll from Sakaihigashi Station on the Nankai Line. This meticulously designed property, constructed in September 1966, harmoniously combines commercial spaces and residences, offering a total floor area of 771.38㎡ on a spacious land area of 216.79㎡.

Key Property Highlights:

• Architectural Excellence:
  A 4-story steel-reinforced concrete building with a basement, symbolizing structural durability and timeless design.
• Mixed-Use Spaces:
  Seamlessly integrating stores and residences to meet the diverse needs of urban dwellers.
• Strategic Location:
  Positioned just moments away from Sakaihigashi Station, ensuring excellent connectivity.

Investment Details:

• Listed Price: ¥300,000,000
• Current Gross Yield: 3.79%
• Current Annual Rent Income: ¥11,920,800
• Full Room Gross Yield: 10.53%
• Full Room Annual Rent Income: ¥31,600,800

City Insights:

• Population: 811,396
• Population Density: 5,416 people/km²

Location Advantages:

• City of Sakai:
  Embrace the rich culture and dynamic lifestyle of Sakai City.
• Proximity to Transport:
  A mere 3-minute walk to Sakaihigashi Station, connecting you to the heart of the city.

Notes from the Seller:

*CA required for more information

*Whole building is for sale. Please be aware this property may have already sold by the time you view this.*
*Exchange rate calculated at Jan 15, 2024, 10:40 UTC at 1 USD = 145.714 JPY*