Overview of Ookurandorekusasu Arao Ta (オークランドレクサス荒生田)
Ookurandorekusasu Arao Ta (オークランドレクサス荒生田) is a 32-year-old condominium located at Kitakyuushuushi Yahatahigashi Ku Arao Ta 1 Choume 4-4 (北九州市八幡東区荒生田1丁目4-4), Fukuoka, Japan. Built in 1994, it comprises 34 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fudou Kensetsu (不動建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥18.6万/sqm (approx. $1,241/sqm or $115/sqft).
Location & Neighborhood
The property is located at Kitakyuushuushi Yahatahigashi Ku Arao Ta 1 Choume 4-4 (北九州市八幡東区荒生田1丁目4-4), Fukuoka, Japan. It is a 1-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 32 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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