Overview of Esuriido Fukushima Ekimae (エスリード福島駅前)
Esuriido Fukushima Ekimae (エスリード福島駅前) is a 24-year-old condominium located at Oosakashi Fukushima Ku Fukushima 6 Choume 3-10 (大阪市福島区福島6丁目3-10), Osaka, Japan. Built in 2002, it comprises 73 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Andou Kensetsu (安藤建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥62.8万/sqm (approx. $4,187/sqm or $389/sqft).
Location & Neighborhood
The property is located at Oosakashi Fukushima Ku Fukushima 6 Choume 3-10 (大阪市福島区福島6丁目3-10), Osaka, Japan. It is a 2-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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 73 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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