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JPY70,000,000  Business Osaka

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  • JPY70,000,000
5 storey apartment building, just 1 mile to the city center, 2 minutes walk to 5 train lines, VERY convenient area close to everything.
Currently returning about 17%, however it may be possible to sell as an empty building. Would be VERY good for use as a hotel for tour groups from China, would provide about US$30,000 per month income, as opposed to the current US$10,000. The building is fully furnished, has 11 bedrooms, 2 kitchens, large living/dining, rooftop Jacuzzi, BBQ, sauna, small gym with commercial equipment, 3 bathrooms, 4 toilets and 3 fully private apartments with kitchens, bathrooms and toilets. Spent US$250,000 in the past 3 years on renovations, no more money to spend on it. Absolute bargain price and huge potential.
The price is about US$700,000 (approx). It is the building and land. I am able to help the buyer with a work visa in Japan if he/she wants to live here on a permanent basis.
I`m a property developer and am planning on focusing on buy/sell properties only from now on, as the Japanese property market is improving dramatically well, and I want to buy more properties before they go up in value even more!
The contracts for this property can either be done by a licenced real estate agent that I use for all my properties, or an agent of your choice.
Please email me for photos and more information.
Serious enquiries only please, and no spam mail!!!!!!!!
5 storey apartment building, just 1 mile to the city center, 2 minutes walk to 5 train lines, VERY convenient area close to everything.
Currently returning about 17%, however it may be possible to sell as an empty building. Would be VERY good for use as a hotel for tour groups from China, would provide about US$30,000 per month income, as opp...

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