Overview of Mezondosereburaru A Tou (メゾンドセレブラルＡ棟)
Mezondosereburaru A Tou (メゾンドセレブラルＡ棟) is a 37-year-old condominium located at Nagoyashi Nakamuraku Meiekiminami 5 Choume 2-1 (名古屋市中村区名駅南5丁目2-1), Aichi, Japan. Built in 1989, it comprises 115 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Taiseikensetsu (大成建設).
Pricing & Floor Plans
Based on 11 past listings, prices have ranged from 260〜432万円 (approx. $17,333–$28,800 USD at ¥150/$).
Unit sizes range from 16.7–16.7 sqm (180–180 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio).
Location & Neighborhood
The property is located at Nagoyashi Nakamuraku Meiekiminami 5 Choume 2-1 (名古屋市中村区名駅南5丁目2-1), Aichi, Japan. It is a 10-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 37 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 115 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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