Overview of Verudooru Minamida Hen (ヴェルドール南田辺)
Verudooru Minamida Hen (ヴェルドール南田辺) is a 35-year-old condominium located at Oosakashi Higashisumiyoshi Ku Minamida Hen 1 Choume 5-1 (大阪市東住吉区南田辺1丁目5-1), Osaka, Japan. Built in 1991, it comprises 19 units in a Reinforced Concrete (RC) structure. It was constructed by Yashima (ヤシマ).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 260〜580万円 (approx. $17,333–$38,667 USD at ¥150/$).
Unit sizes range from 16.8–17.5 sqm (181–188 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1R (Studio).
Location & Neighborhood
The property is located at Oosakashi Higashisumiyoshi Ku Minamida Hen 1 Choume 5-1 (大阪市東住吉区南田辺1丁目5-1), 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 35 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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