Overview of Tookanmanshon Yamane Machi Sentaauingu C Tou (トーカンマンション山根町センターウイングＣ棟)
Tookanmanshon Yamane Machi Sentaauingu C Tou (トーカンマンション山根町センターウイングＣ棟) is a 33-year-old condominium located at Hiroshima Shi Higashiku Yamane Machi 27-1 (広島市東区山根町27-1), Hiroshima, Japan. Built in 1993, it comprises 352 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kumagaigumi (熊谷組).
Pricing & Floor Plans
Based on 118 past listings, prices have ranged from 1,280〜2,790万円 (approx. $85,333–$186,000 USD at ¥150/$).
Unit sizes range from 69.3–112.3 sqm (746–1209 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen), 4SLDK (4-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.8万/sqm (approx. $1,851/sqm or $172/sqft).
Location & Neighborhood
The property is located at Hiroshima Shi Higashiku Yamane Machi 27-1 (広島市東区山根町27-1), Hiroshima, Japan. It is a 14-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 352 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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