Overview of Raionzumanshon Naka Yuki Shima Kouen Kita (ライオンズマンション中之島公園北)
Raionzumanshon Naka Yuki Shima Kouen Kita (ライオンズマンション中之島公園北) is a 40-year-old condominium located at Oosakashi Kitaku Nishi Tenma 3 Choume 3-7 (大阪市北区西天満3丁目3-7), Osaka, Japan. Built in 1986, it comprises 77 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Matsumoto Kensetsu (松本建設).
Pricing & Floor Plans
Based on 58 past listings, prices have ranged from 580〜2,780万円 (approx. $38,667–$185,333 USD at ¥150/$).
Unit sizes range from 13.6–34.0 sqm (146–366 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2K (2-bedroom w/ kitchen), 1LDK (1-bedroom w/ living-dining-kitchen), 1K (1-bedroom w/ kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥59.8万/sqm (approx. $3,987/sqm or $370/sqft).
Location & Neighborhood
The property is located at Oosakashi Kitaku Nishi Tenma 3 Choume 3-7 (大阪市北区西天満3丁目3-7), Osaka, Japan. It is a 6-minute walk to the nearest station. This is considered good station access by Japanese standards.
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 40 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 77 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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