Overview of Gurandomezon Oobu Hanasaki Dai 2 Ban Kan (グランドメゾン大府花咲台２番館)
Gurandomezon Oobu Hanasaki Dai 2 Ban Kan (グランドメゾン大府花咲台２番館) is a 23-year-old condominium located at Oobu Shi Hiiragi Yamachou 1 Choume 112 (大府市柊山町1丁目112), Aichi, Japan. Built in 2003, it comprises 124 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 1,900〜3,180万円 (approx. $126,667–$212,000 USD at ¥150/$).
Unit sizes range from 77.4–104.1 sqm (833–1121 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥27.8万/sqm (approx. $1,855/sqm or $172/sqft).
Location & Neighborhood
The property is located at Oobu Shi Hiiragi Yamachou 1 Choume 112 (大府市柊山町1丁目112), Aichi, Japan. It is a 18-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 23 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 124 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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