Overview of Sharumankoopo Terada Machi (シャルマンコーポ寺田町)
Sharumankoopo Terada Machi (シャルマンコーポ寺田町) is a 40-year-old condominium located at Oosakashi Ikuno Ku Ikuno Nishi 4 Choume 1-38 (大阪市生野区生野西4丁目1-38), Osaka, Japan. Built in 1986, it comprises 25 units in a Reinforced Concrete (RC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 730〜2,180万円 (approx. $48,667–$145,333 USD at ¥150/$).
Unit sizes range from 49.8–63.8 sqm (536–687 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥32.3万/sqm (approx. $2,151/sqm or $200/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Ikuno Nishi 4 Choume 1-38 (大阪市生野区生野西4丁目1-38), Osaka, Japan. It is a 3-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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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