Overview of G S Haimu Uchimoto Machi (ＧＳハイム内本町)
G S Haimu Uchimoto Machi (ＧＳハイム内本町) is a 44-year-old condominium located at Oosakashi Chuuouku Uchimoto Machi 2 Choume 2-14 (大阪市中央区内本町2丁目2-14), Osaka, Japan. Built in 1982, it comprises 114 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tekken Kensetsu (鉄建建設).
Pricing & Floor Plans
Based on 105 past listings, prices have ranged from 390〜4,099万円 (approx. $26,000–$273,267 USD at ¥150/$).
Unit sizes range from 15.5–116.3 sqm (167–1252 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 2DK (2-bedroom w/ dining-kitchen), 1R (Studio).
Estimated price per sqm: ¥50.6万/sqm (approx. $3,377/sqm or $314/sqft).
Location & Neighborhood
The property is located at Oosakashi Chuuouku Uchimoto Machi 2 Choume 2-14 (大阪市中央区内本町2丁目2-14), 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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 114 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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