Overview of Gurandomezon Matsuyamachi (グランドメゾン松屋町)
Gurandomezon Matsuyamachi (グランドメゾン松屋町) is a 30-year-old condominium located at Oosakashi Chuuouku Kawaraya Machi 1 Choume 8-19 (大阪市中央区瓦屋町1丁目8-19), Osaka, Japan. Built in 1996, it comprises 46 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kashima Kensetsu (鹿島建設).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 1,880〜4,698万円 (approx. $125,333–$313,200 USD at ¥150/$).
Unit sizes range from 56.2–67.5 sqm (605–727 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥66.1万/sqm (approx. $4,407/sqm or $409/sqft).
Location & Neighborhood
The property is located at Oosakashi Chuuouku Kawaraya Machi 1 Choume 8-19 (大阪市中央区瓦屋町1丁目8-19), Osaka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
Investment Perspective
Building depreciation: In Japan, buildings depreciate significantly over time. Wood-frame houses depreciate to near-zero value at around 22 years, while RC structures depreciate more slowly but still lose value. At 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Key cultural note: Unlike the US where properties typically appreciate over time, Japanese buildings depreciate while the underlying land tends to hold or gain value. This means buyers should evaluate the land-to-building value ratio carefully.
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