Overview of Reeben Morioka Chuuou Toori the lead (レーベン盛岡中央通 the lead)
Reeben Morioka Chuuou Toori the lead (レーベン盛岡中央通 the lead) is a 3-year-old condominium located at Moriokashi Chuuou Toori 3 Choume (盛岡市中央通3丁目), Iwate, Japan. Built in 2023, it comprises 42 units in a Reinforced Concrete (RC) structure. It was constructed by Matsui Kensetsu (松井建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥54.8万/sqm (approx. $3,655/sqm or $340/sqft).
Location & Neighborhood
The property is located at Moriokashi Chuuou Toori 3 Choume (盛岡市中央通3丁目), Iwate, Japan. It is a 8-minute walk to the nearest station. This is considered good station access by Japanese standards.
Investment Perspective
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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