Overview of Arusu Terada Machi (アルス寺田町)
Arusu Terada Machi (アルス寺田町) is a 22-year-old condominium located at Oosakashi Ikuno Ku Ikuno Nishi 2 Choume 7-22 (大阪市生野区生野西2丁目7-22), Osaka, Japan. Built in 2004, it comprises 55 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Honma Kumi (本間組).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 1,980〜4,998万円 (approx. $132,000–$333,200 USD at ¥150/$).
Unit sizes range from 62.2–79.0 sqm (670–850 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥64.6万/sqm (approx. $4,306/sqm or $400/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Ikuno Nishi 2 Choume 7-22 (大阪市生野区生野西2丁目7-22), 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
Scale advantage: With 55 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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