Overview of Mezondooru Terada Machi (メゾンドール寺田町)
Mezondooru Terada Machi (メゾンドール寺田町) is a 17-year-old condominium located at Oosakashi Ikuno Ku Ikuno Nishi 1 Choume 13-2 (大阪市生野区生野西1丁目13-2), Osaka, Japan. Built in 2009, it comprises 95 units in a Reinforced Concrete (RC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 42 past listings, prices have ranged from 2,080〜4,080万円 (approx. $138,667–$272,000 USD at ¥150/$).
Unit sizes range from 57.7–71.0 sqm (621–764 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥57.1万/sqm (approx. $3,804/sqm or $353/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Ikuno Nishi 1 Choume 13-2 (大阪市生野区生野西1丁目13-2), 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 95 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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