Imano Osaka Shinsaibashi Hostel
A commercial property investment prospect, this is a brand new Hostel located at Shinsaibashi, a popular retail district of Osaka with an est. 120,000 visitors per day on weekends and holidays.
The hostel is perfect for benefiting from both domestic business and leisure travel, as well as the booming inbound accommodation markets, as Japan`s tourism industry continues its rise to the top of global rankings (it is located just 46mins from the airport).
The hotel itself is 9 stories, with 27 rooms in a mix of layouts, for a total of 122 beds.
There is also a Cafe & Bar on the first floor which serves from 7am through to 10pm.
All rooms provide linen, a fridge, kettle, luggage storage, air purifier, TV and free Wi-Fi.
An operator is in place, and there are high ratings on booking.com from the first few months since opening.
|Price / m²||¥1,141,024|
|Estimated Rent Yield:||3.78%|
|Road 1||Public, East, road width about 8mm|
|Road 2||Public, North, road width about 6mm|
|Land Ratio||80 / 600|
|Land Size||183.66m² / 1976.18ft² / 55.56 tsubo|
|Land Category||Category 1 low-rise exclusive residential districts|
|Building Size||855.81m² / 9208.52ft² / 258.88 tsubo|
|Total Floors||9 stories|
Please enquire for floorplan
|Offered Price||¥976,500,000 (consumption tax included)|
|Gross Yield 100% Occupancy|
|Current Annual Yield|
|Net Yield 100% Occupancy|
|Current Net Annual Yield|
|Total Running Costs|
|Fixed Asset Tax||¥3,200,000|
|Property Management (HJ)|
|Gross Income 100% Occupancy|
|Current Annual Income|
|Net Income 100% Occupancy|
|Current Net Income (NOI)|
|Rosenka Price||¥660,000 / m², ¥7,101,600 / ft², ¥199,649 / tsubo|
|Estimated Rosenka Land Price (*1.2)|
|Purchase Price / Total Rentable Area|
|Average Rental Price|
1-13-28 北堀江, 西区, 大阪市