Overview of Guransoshie Itsukaichi (グランソシエ五日市)
Guransoshie Itsukaichi (グランソシエ五日市) is a 27-year-old condominium located at Hiroshima Shi Saekiku Miyake 2 Choume 1-4 (広島市佐伯区三宅2丁目1-4), Hiroshima, Japan. Built in 1999, it comprises 147 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 98 past listings, prices have ranged from 1,000〜2,800万円 (approx. $66,667–$186,667 USD at ¥150/$).
Unit sizes range from 69.5–133.9 sqm (748–1441 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 6LDK (6-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Estimated price per sqm: ¥21.5万/sqm (approx. $1,434/sqm or $133/sqft).
Location & Neighborhood
The property is located at Hiroshima Shi Saekiku Miyake 2 Choume 1-4 (広島市佐伯区三宅2丁目1-4), Hiroshima, Japan. It is a 22-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 27 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 147 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.
Analyze this property's fair price and negotiation room for free at RE:public.