Overview of Koopu Nomura Fukae Hashi (コープ野村深江橋)
Koopu Nomura Fukae Hashi (コープ野村深江橋) is a 44-year-old condominium located at Oosakashi Higashinari Ku Fukae Kita 1 Choume 7-16 (大阪市東成区深江北1丁目7-16), Osaka, Japan. Built in 1982, it comprises 90 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 24 past listings, prices have ranged from 980〜2,880万円 (approx. $65,333–$192,000 USD at ¥150/$).
Unit sizes range from 57.6–66.0 sqm (620–710 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2SDK (2-bedroom w/ dining-kitchen + service room), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥41.5万/sqm (approx. $2,767/sqm or $257/sqft).
Location & Neighborhood
The property is located at Oosakashi Higashinari Ku Fukae Kita 1 Choume 7-16 (大阪市東成区深江北1丁目7-16), Osaka, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 90 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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