Imano Osaka Shinsaibashi #Hostel
Price: ¥976.5m ($8.86m)
Est. Yield: 3.78% (Gross)
Size: 855.81 sqm (122-Bed)
Location: #Osaka, #JAPAN
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
Note plus our Commission from buyers