Business Hotel In Osaka
An investment opportunity to acquire this very high performing business hotel in one of the most popular tourist and entertainment destinations in Japan - the Namba district of Osaka.
Located only 1 minute from Namba station, within a very short walk of the iconic Dotombori canal that is famously lined with an incredible array of bars, eateries and shops, it is right in the central area where traveler want to be - surrounded by nightlife, entertainment and local culture.
Also close is the famous Takashimaya Osaka Department Store, the sprawling Namba City mall and from here, other major destinations such as the Umeda business district, Osaka Station and Osaka Castle can be accessed within just a few minutes.
Arranged over 30 designer rooms (last renovated 2 years ago) and with both a hotel license and operator in place (can be changed if required).
With Osaka set to use the World Expo and new Casino as catalysts for major development, the hotel is also well-placed for the future.
|Price / m²||¥1,512,198|
|Current Rent Yield:||11.80%|
|Fully Occupied Rent Yield||11.80%|
|Road 1||Public, North, about 6m m|
|Land Ratio||80 / 500|
|Land Size||134.13m² / 1443.24ft² / 40.57 tsubo|
|Land Category||Commercial districts|
|Rentable Floor Space||595.16m² / 6403.92ft² / 180.04 tsubo|
|Building Size||595.16m² / 6403.92ft² / 180.04 tsubo|
|Total Floors||8 stories|
Please enquire for floorplan
|Offered Price||¥900,000,000 (consumption tax included)|
|Gross Yield 100% Occupancy||11.80%|
|Current Annual Yield||11.80%|
|Net Yield 100% Occupancy|
|Current Net Annual Yield|
|Total Running Costs|
|Fixed Asset Tax|
|Property Management (HJ)|
|Completion Certificate||Not Available|
|Gross Income 100% Occupancy||¥106,000,000|
|Current Annual Income||¥106,000,000|
|Net Income 100% Occupancy|
|Current Net Income (NOI)|
|Estimated Rosenka Land Price (*1.2)|
|Purchase Price / Total Rentable Area|
|Average Rental Price|
2-4-22 Namba, 大阪市中央区, Osaka