Overview of Rootariiparesu Hitachi (ロータリーパレス日立)
Rootariiparesu Hitachi (ロータリーパレス日立) is a 17-year-old condominium located at Hitachishi Kashima Machi 1 Choume 6-2 (日立市鹿島町1丁目6-2), Ibaraki, Japan. Built in 2009, it comprises 71 units in a Reinforced Concrete (RC) structure. It was constructed by Rinkai Nissan Kensetsu (りんかい日産建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 1,240〜2,380万円 (approx. $82,667–$158,667 USD at ¥150/$).
Unit sizes range from 63.4–74.1 sqm (682–798 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥23.6万/sqm (approx. $1,575/sqm or $146/sqft).
Location & Neighborhood
The property is located at Hitachishi Kashima Machi 1 Choume 6-2 (日立市鹿島町1丁目6-2), Ibaraki, Japan. It is a 25-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
Investment Perspective
Scale advantage: With 71 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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