Overview of Asahi Puraza Tsukamoto (朝日プラザ塚本)
Asahi Puraza Tsukamoto (朝日プラザ塚本) is a 39-year-old condominium located at Oosakashi Nishiyodogawa Ku Nozato 3 Choume 3-57 (大阪市西淀川区野里3丁目3-57), Osaka, Japan. Built in 1987, it comprises 55 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Tada Kensetsu (多田建設).
Pricing & Floor Plans
Based on 28 past listings, prices have ranged from 450〜2,680万円 (approx. $30,000–$178,667 USD at ¥150/$).
Unit sizes range from 13.7–71.8 sqm (147–773 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 1K (1-bedroom w/ kitchen), 3LDK (3-bedroom w/ living-dining-kitchen), 1R (Studio), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥34.3万/sqm (approx. $2,287/sqm or $212/sqft).
Location & Neighborhood
The property is located at Oosakashi Nishiyodogawa Ku Nozato 3 Choume 3-57 (大阪市西淀川区野里3丁目3-57), Osaka, 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 55 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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