Overview of Sutookumanshon Uchimoto Machi (ストークマンション内本町)
Sutookumanshon Uchimoto Machi (ストークマンション内本町) is a 44-year-old condominium located at Oosakashi Chuuouku Honchou Hashi 8-3 (大阪市中央区本町橋8-3), Osaka, Japan. Built in 1982, it comprises 91 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tobishima Kensetsu , Okumura Kumi (飛島建設、 奥村組).
Pricing & Floor Plans
Based on 51 past listings, prices have ranged from 1,030〜3,798万円 (approx. $68,667–$253,200 USD at ¥150/$).
Unit sizes range from 40.0–87.9 sqm (431–946 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 2SLDK (2-bedroom w/ living-dining-kitchen + service room), 1LDK (1-bedroom w/ living-dining-kitchen), 1R (Studio), 2DK (2-bedroom w/ dining-kitchen), 3LDK (3-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥48.9万/sqm (approx. $3,257/sqm or $303/sqft).
Location & Neighborhood
The property is located at Oosakashi Chuuouku Honchou Hashi 8-3 (大阪市中央区本町橋8-3), 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 44 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 91 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.
Analyze this property's fair price and negotiation room for free at RE:public.