Overview of Ribaagaaden Higashioosaka Shinchousha Avenyuu (リバーガーデン東大阪新庁舎アヴェニュー)
Ribaagaaden Higashioosaka Shinchousha Avenyuu (リバーガーデン東大阪新庁舎アヴェニュー) is a 22-year-old condominium located at Higashioosakashi Aramoto Kita 1 Choume 2-36 (東大阪市荒本北1丁目2-36), Osaka, Japan. Built in 2004, it comprises 255 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Nishimatsu Kensetsu , Maeda Kensetsu Kougyou (西松建設、 前田建設工業).
Pricing & Floor Plans
Based on 88 past listings, prices have ranged from 1,690〜4,380万円 (approx. $112,667–$292,000 USD at ¥150/$).
Unit sizes range from 65.7–128.8 sqm (707–1386 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SLDK (1-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥45.1万/sqm (approx. $3,010/sqm or $280/sqft).
Location & Neighborhood
The property is located at Higashioosakashi Aramoto Kita 1 Choume 2-36 (東大阪市荒本北1丁目2-36), 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 255 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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