Overview of Monseenu Tsukamoto (モンセーヌ塚本)
Monseenu Tsukamoto (モンセーヌ塚本) is a 30-year-old condominium located at Oosakashi Nishiyodogawa Ku Nozato 2 Choume 25-15 (大阪市西淀川区野里2丁目25-15), Osaka, Japan. Built in 1996, it comprises 69 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Takenakakoumuten (竹中工務店).
Pricing & Floor Plans
Based on 48 past listings, prices have ranged from 1,360〜4,298万円 (approx. $90,667–$286,533 USD at ¥150/$).
Unit sizes range from 62.1–81.9 sqm (668–882 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥60.6万/sqm (approx. $4,038/sqm or $375/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiyodogawa Ku Nozato 2 Choume 25-15 (大阪市西淀川区野里2丁目25-15), Osaka, Japan. It is a 6-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 30 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 69 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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