Overview of Yamato Kawa Koopo 1 Goutou (大和川コーポ１号棟)
Yamato Kawa Koopo 1 Goutou (大和川コーポ１号棟) is a 42-year-old condominium located at Oosakashi Suminoe Ku Kitajima 1 Choume 2-1 (大阪市住之江区北島1丁目2-1), Osaka, Japan. Built in 1984, it comprises 68 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hase Kou Kooporeeshon (長谷工コーポレーション).
Pricing & Floor Plans
Based on 17 past listings, prices have ranged from 190〜2,180万円 (approx. $12,667–$145,333 USD at ¥150/$).
Unit sizes range from 18.3–86.0 sqm (197–926 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥26.7万/sqm (approx. $1,777/sqm or $165/sqft).
Location & Neighborhood
The property is located at Oosakashi Suminoe Ku Kitajima 1 Choume 2-1 (大阪市住之江区北島1丁目2-1), Osaka, Japan. It is a 10-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 42 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 68 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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