Overview of Guran'asshu Benten Machi (グランアッシュ弁天町)
Guran'asshu Benten Machi (グランアッシュ弁天町) is a 12-year-old condominium located at Oosakashi Minatoku Ichioka Motomachi 1 Choume 4-4 (大阪市港区市岡元町1丁目4-4), Osaka, Japan. Built in 2014, it comprises 70 units in a Reinforced Concrete (RC) structure. It was constructed by Dai Matsu Kensetsu (大末建設).
Pricing & Floor Plans
Based on 41 past listings, prices have ranged from 2,880〜4,600万円 (approx. $192,000–$306,667 USD at ¥150/$).
Unit sizes range from 63.8–82.2 sqm (687–885 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2LDK (2-bedroom w/ living-dining-kitchen), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥62.1万/sqm (approx. $4,141/sqm or $385/sqft).
Location & Neighborhood
The property is located at Oosakashi Minatoku Ichioka Motomachi 1 Choume 4-4 (大阪市港区市岡元町1丁目4-4), Osaka, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
Scale advantage: With 70 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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