Overview of Gurankooto Moriguchi (グランコート守口)
Gurankooto Moriguchi (グランコート守口) is a 26-year-old condominium located at Moriguchishi Yakumo Nakamachi 1 Choume 2-17 (守口市八雲中町1丁目2-17), Osaka, Japan. Built in 2000, it comprises 40 units in a Reinforced Concrete (RC) structure. It was constructed by Ookura Kensetsu (大倉建設).
Pricing & Floor Plans
Based on 21 past listings, prices have ranged from 1,800〜3,580万円 (approx. $120,000–$238,667 USD at ¥150/$).
Unit sizes range from 70.2–73.5 sqm (756–791 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥43.6万/sqm (approx. $2,908/sqm or $270/sqft).
Location & Neighborhood
The property is located at Moriguchishi Yakumo Nakamachi 1 Choume 2-17 (守口市八雲中町1丁目2-17), 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 26 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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