Overview of Yuniiburu Jin Kouen (ユニーブル靭公園)
Yuniiburu Jin Kouen (ユニーブル靭公園) is a 27-year-old condominium located at Oosakashi Nishiku Jin Honchou 3 Choume 1-21 (大阪市西区靱本町3丁目1-21), Osaka, Japan. Built in 1999, it comprises 60 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Imanishi Kumi (今西組).
Pricing & Floor Plans
Based on 69 past listings, prices have ranged from 880〜2,490万円 (approx. $58,667–$166,000 USD at ¥150/$).
Unit sizes range from 18.9–42.0 sqm (203–452 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2K (2-bedroom w/ kitchen).
Estimated price per sqm: ¥64.1万/sqm (approx. $4,271/sqm or $397/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiku Jin Honchou 3 Choume 1-21 (大阪市西区靱本町3丁目1-21), 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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 60 units, this is a relatively large condominium. Larger buildings typically benefit from lower per-unit maintenance and repair reserve costs.
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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