Overview of Mezondooru Toyonaka Ueno Higashi (メゾンドール豊中上野東)
Mezondooru Toyonaka Ueno Higashi (メゾンドール豊中上野東) is a 40-year-old condominium located at Toyonakashi Ueno Higashi 1 Choume 3-27 (豊中市上野東1丁目3-27), Osaka, Japan. Built in 1986, it comprises 29 units in a Reinforced Concrete (RC) structure. It was constructed by Hasegawakoumuten (長谷川工務店).
Pricing & Floor Plans
Based on 23 past listings, prices have ranged from 1,300〜2,880万円 (approx. $86,667–$192,000 USD at ¥150/$).
Unit sizes range from 74.5–89.4 sqm (802–962 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥33.8万/sqm (approx. $2,254/sqm or $209/sqft).
Location & Neighborhood
The property is located at Toyonakashi Ueno Higashi 1 Choume 3-27 (豊中市上野東1丁目3-27), Osaka, Japan. It is a 15-minute walk to the nearest station. In Japan, station proximity significantly affects property values and daily convenience.
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.
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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