Overview of Esuriido Benten Machi Minami (エスリード弁天町南)
Esuriido Benten Machi Minami (エスリード弁天町南) is a 19-year-old condominium located at Oosakashi Minatoku Minami Ichioka 3 Choume 2-15 (大阪市港区南市岡3丁目2-15), Osaka, Japan. Built in 2007, it comprises 157 units in a Reinforced Concrete (RC) structure. It was constructed by Asanuma Kumi (淺沼組).
Pricing & Floor Plans
Based on 136 past listings, prices have ranged from 720〜1,630万円 (approx. $48,000–$108,667 USD at ¥150/$).
Unit sizes range from 23.5–27.9 sqm (253–300 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio), 1 R (1 R), 1 K (1 K).
Estimated price per sqm: ¥51.9万/sqm (approx. $3,463/sqm or $322/sqft).
Location & Neighborhood
The property is located at Oosakashi Minatoku Minami Ichioka 3 Choume 2-15 (大阪市港区南市岡3丁目2-15), Osaka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 157 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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