Overview
About this property
Two freehold residential buildings — TOEI Morinomiya Buildings 1 & 2, 217 units in total — offered as a whole-building investment with tenants in place, beside Osaka Castle Park.
| Address | 2-12-15 (Building 1) & 2-12-16 (Building 2) Nakamichi, Higashinari-ku, Osaka |
|---|---|
| Buildings | Building 1: 9 floors, 110 units · Building 2: 8 floors, 107 units — 217 units in total |
| Nearest stations | Midoribashi Station (Osaka Metro Chuo & Imazatosuji Lines) — 7-minute walk · JR Morinomiya Station (Osaka Loop Line) — 8-minute walk |
| Land area | 664.45 m² freehold (approx. 593 m² excluding private road) |
| Total floor area | 3,809.94 m² (Building 1: 2,010.64 m² · Building 2: 1,799.30 m²) |
| Structure | Steel frame |
| Unit mix | 1K × 183 · 2K × 33 · 1R × 1; units approx. 11–23 m² |
| Zoning | Quasi-industrial zone; building coverage 80%; floor-area ratio 300%; quasi-fire-prevention district |
| Completed | 1991 |
| Status | Sold with tenants in place; elevator and bicycle parking |
| Sale format | Whole-building sale only (Buildings 1 & 2 together, 217 units) — ¥1,380,000,000 |
| Gross yield | From 6% (pre-tax, based on the current rent roll) |
Floor Plans
Plans & layouts
The unit-plan sheets show every unit on each floor, by unit number. The single 1R unit appears within these floor sheets — the brochure has no separate 1R sample layout.
Location & Access
Getting there
- Midoribashi Station (Osaka Metro Chuo and Imazatosuji Lines) is a 7-minute walk; JR Morinomiya Station (Osaka Loop Line) is an 8-minute walk.
- Osaka Castle Park and the Osaka Metropolitan University Morinomiya campus are within walking distance; the Chuo Line runs direct to Yumeshima in about 25 minutes (per the project brochure).
Buying Process
How buying works — existing property
- Sign the purchase agreement — pay a 10% deposit.
- Within two months — pay the remaining 90% plus transaction taxes and other costs, and complete the title transfer.
- Existing tenancies transfer with the property — the current lease(s) continue with the new owner.
All payments are in Japanese yen and follow the terms of the purchase agreement.
Track Record
The operator behind the numbers
Enquire about Morinomiya Residences
Ask for the full brochure, current availability and a revenue estimate for this property. Every enquiry goes directly to JS Group in Osaka — the seller, not an agent portal.
Enquire — Morinomiya Residences
Email richard@jsv.jp WhatsApp +81 80-7850-2972Source property: Morinomiya Residences (¥1,380,000,000) — your enquiry is tagged with this listing so we know exactly which property you mean.