Overview of Uchimoto Machi Byuuhaitsu (内本町ビューハイツ)
Uchimoto Machi Byuuhaitsu (内本町ビューハイツ) is a 45-year-old condominium located at Oosakashi Chuuouku Uchimoto Machi 1 Choume 3-10 (大阪市中央区内本町1丁目3-10), Osaka, Japan. Built in 1981, it comprises 57 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Fujiki Koumuten (藤木工務店).
Pricing & Floor Plans
Based on 38 past listings, prices have ranged from 690〜4,598万円 (approx. $46,000–$306,533 USD at ¥150/$).
Unit sizes range from 31.4–85.2 sqm (338–917 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1SK (1-bedroom w/ kitchen + service room), 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio).
Estimated price per sqm: ¥54.2万/sqm (approx. $3,611/sqm or $335/sqft).
Location & Neighborhood
The property is located at Oosakashi Chuuouku Uchimoto Machi 1 Choume 3-10 (大阪市中央区内本町1丁目3-10), Osaka, Japan. It is a 3-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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 45 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 57 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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