Overview of Raionzubiru Shi Tsu Hashi (ライオンズビル四ツ橋)
Raionzubiru Shi Tsu Hashi (ライオンズビル四ツ橋) is a 40-year-old condominium located at Oosakashi Nishiku Shinmachi 1 Choume 7-22 (大阪市西区新町1丁目7-22), Osaka, Japan. Built in 1986, it comprises 27 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Morita Kensetsu (モリタ建設).
Pricing & Floor Plans
Based on 18 past listings, prices have ranged from 500〜3,980万円 (approx. $33,333–$265,333 USD at ¥150/$).
Unit sizes range from 25.6–99.8 sqm (276–1074 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room), 1R (Studio), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥48.6万/sqm (approx. $3,238/sqm or $301/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiku Shinmachi 1 Choume 7-22 (大阪市西区新町1丁目7-22), Osaka, Japan. It is a 2-minute walk to the nearest station. This is considered excellent station access in Japan, where most daily errands are done on foot or by train.
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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