Overview of Tookanmanshon Suma Rikyuu Michi (トーカンマンション須磨離宮道)
Tookanmanshon Suma Rikyuu Michi (トーカンマンション須磨離宮道) is a 40-year-old condominium located at Koubeshi Suma Ku Sakuragichou 1 Choume 2-18 (神戸市須磨区桜木町1丁目2-18), Hyogo, Japan. Built in 1986, it comprises 15 units in a Reinforced Concrete (RC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 13 past listings, prices have ranged from 1,080〜1,680万円 (approx. $72,000–$112,000 USD at ¥150/$).
Unit sizes range from 61.0–68.4 sqm (657–736 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: ¥22.2万/sqm (approx. $1,482/sqm or $138/sqft).
Location & Neighborhood
The property is located at Koubeshi Suma Ku Sakuragichou 1 Choume 2-18 (神戸市須磨区桜木町1丁目2-18), Hyogo, Japan. It is a 4-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.
Analyze this property's fair price and negotiation room for free at RE:public.