Overview of Kosumo Toyonaka Guranhiru (コスモ豊中グランヒル)
Kosumo Toyonaka Guranhiru (コスモ豊中グランヒル) is a 27-year-old condominium located at Toyonakashi Shibaharachou 1 Choume 8-5 (豊中市柴原町1丁目8-5), Osaka, Japan. Built in 1999, it comprises 67 units in a Reinforced Concrete (RC) structure. It was constructed by Okuda Kumi (奥田組).
Pricing & Floor Plans
Based on 29 past listings, prices have ranged from 1,500〜3,080万円 (approx. $100,000–$205,333 USD at ¥150/$).
Unit sizes range from 58.6–88.2 sqm (631–949 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Toyonakashi Shibaharachou 1 Choume 8-5 (豊中市柴原町1丁目8-5), Osaka, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 67 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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