Overview of Gurankooto Arako Kawa Kouen (グランコート荒子川公園)
Gurankooto Arako Kawa Kouen (グランコート荒子川公園) is a 21-year-old condominium located at Nagoyashi Minatoku Motomiya Shinmachi 68-1 (名古屋市港区本宮新町68-1), Aichi, Japan. Built in 2005, it comprises 30 units in a Reinforced Concrete (RC) structure. It was constructed by Nippon Kensetsu (日本建設).
Pricing & Floor Plans
Based on 8 past listings, prices have ranged from 1,780〜2,280万円 (approx. $118,667–$152,000 USD at ¥150/$).
Unit sizes range from 69.6–78.9 sqm (749–849 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.6万/sqm (approx. $1,842/sqm or $171/sqft).
Location & Neighborhood
The property is located at Nagoyashi Minatoku Motomiya Shinmachi 68-1 (名古屋市港区本宮新町68-1), Aichi, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
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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