Overview of Nabitaun Kakamigahara Niban Kan (ナビタウン各務原二番館)
Nabitaun Kakamigahara Niban Kan (ナビタウン各務原二番館) is a 39-year-old condominium located at Kakamigahara Shi Sohara Roku Ken Machi 4 Choume 10-10 (各務原市蘇原六軒町4丁目10-10), Gifu, Japan. Built in 1987, it comprises 120 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Shimizukensetsu , Nakano Kensetsu (清水建設、 中野建設).
Pricing & Floor Plans
Based on 36 past listings, prices have ranged from 380〜1,399万円 (approx. $25,333–$93,267 USD at ¥150/$).
Unit sizes range from 64.6–82.6 sqm (695–889 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥10.2万/sqm (approx. $677/sqm or $63/sqft).
Location & Neighborhood
The property is located at Kakamigahara Shi Sohara Roku Ken Machi 4 Choume 10-10 (各務原市蘇原六軒町4丁目10-10), Gifu, Japan. It is a 4-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 39 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 120 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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