Newly renovated investment property with impressive ROI in a convenient location
Take advantage of this opportunity to invest in a fully renovated property with a 12% ROI
We would like to introduce to you a renovated property that we have received from a trusted seller who is also a professional renovation company. The property has been completely renovated, and we are excited to offer it to you at a greatly reduced price of 4,500,000 yen, down from the initial price of 4,900,000 yen.
The property's return on investment is now at an impressive 12%, which we hope will pique your interest.
The renovation was done in March 2017, and it included:
- New intercom system
- Flooring replacement
- New kitchen
- New laundry facilities
- Electrical
- Gas and water installations
- TV antenna and wall finishing
- New hot water system
Although we do not have any interior pictures available, the exterior photo shows the impressive work that was done.
Currently, the property is rented to a reliable tenant, who has been paying rent of 45,000 yen per month since April 2017 without any history of late payments. The annual rental income is 540,000 yen, which results in a return on investment of 11.02% based on the sales price of 4,900,000 yen.
The property is conveniently located near a major shopping center, Nitori Mall Hirakata https://goo.gl/maps/BG6phEyYXcFd8wyk9 and a supermarket, Mandai. However, the rental price is significantly lower than other properties in the same area, making it an excellent investment opportunity.
We believe that the likelihood of the current tenant vacating is low since the rent is low for a 3LDK renovated property, but if the tenant does leave, it presents an opportunity to increase the rental price and improve the return on investment.
Furthermore, the property was built after the new earthquake-resistant standards were implemented, providing an additional advantage.
We are open to negotiations on the price, and we invite you to consider this excellent investment opportunity.
