Samty Residential Investment Corporation

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A-43S-RESIDECE Shin Osaka Ridente

Address 2-5-34 Nishimiyahara, Yodogawa-ku, Osaka-shi, Osaka
Access Approx. a ten minute walk from Mikuni Station on the Hankyu Takarazuka Line
Number of rentableunits 90
Construction completed Jan. 2018
Acquisition price 1,338 million yen
Appraised NOI yield 4.6%
Type Single

Property description

The Property, which has single type units, is about a 10-minute walk from Mikuni Station on the Hankyu Takarazuka Line. It enjoys excellent access to the business district and business areas around Shin Osaka Station and the commercial area in the city center since Umeda Station is approximately 7 minutes away from Mikuni Station via Hankyu Takarazuka Line and Shin Osaka Station on the JR Tokaido Main Line and the Osaka Metro Midosuji Line is within walking distance. With streets lined with condominiums, and commercial facilities, etc., the area forms a district where residences and commercial facilities gather together. There is a large commercial facility, restaurants, etc. within walking distance from the Property offering a convenient living environment, therefore, demand for lease from single‐household working adults commuting to business areas can be anticipated.
With such characteristics, the Property is believed to be highly competitive in the leasing market with areas with comparable supply and demand trends.

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