Overview of Gurandeeru Minami Imasato (グランデール南今里)
Gurandeeru Minami Imasato (グランデール南今里) is a 36-year-old condominium located at Oosakashi Ikuno Ku Nakagawa Nishi 1 Choume 7-10 (大阪市生野区中川西1丁目7-10), Osaka, Japan. Built in 1990, it comprises 38 units in a Reinforced Concrete (RC) structure. It was constructed by Toda Kensetsu (戸田建設).
Pricing & Floor Plans
Based on 39 past listings, prices have ranged from 450〜935万円 (approx. $30,000–$62,333 USD at ¥150/$).
Unit sizes range from 25.2–34.4 sqm (271–370 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 1R (Studio), 1DK (1-bedroom w/ dining-kitchen).
Estimated price per sqm: ¥25.3万/sqm (approx. $1,689/sqm or $157/sqft).
Location & Neighborhood
The property is located at Oosakashi Ikuno Ku Nakagawa Nishi 1 Choume 7-10 (大阪市生野区中川西1丁目7-10), 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 36 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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