Overview of Mezondooru Hamadera Kita (メゾンドール浜寺北)
Mezondooru Hamadera Kita (メゾンドール浜寺北) is a 39-year-old condominium located at Sakaishi Sakai Ku Kashiwagi Machi 2 Choume 1-20 (堺市堺区柏木町2丁目1-20), Osaka, Japan. Built in 1987, it comprises 180 units in a Reinforced Concrete (RC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 127 past listings, prices have ranged from 830〜2,598万円 (approx. $55,333–$173,200 USD at ¥150/$).
Unit sizes range from 59.1–90.5 sqm (636–974 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), 1LDK (1-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4DK (4-bedroom w/ dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.1万/sqm (approx. $1,809/sqm or $168/sqft).
Location & Neighborhood
The property is located at Sakaishi Sakai Ku Kashiwagi Machi 2 Choume 1-20 (堺市堺区柏木町2丁目1-20), Osaka, Japan. It is a 12-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 180 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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