Overview of Abeno Seresa (あべのセレサ)
Abeno Seresa (あべのセレサ) is a 33-year-old condominium located at Oosakashi Abenoku Asahimachi 2 Choume 2-4 (大阪市阿倍野区旭町2丁目2-4), Osaka, Japan. Built in 1993, it comprises 153 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Kounoike Kumi (鴻池組).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥63.4万/sqm (approx. $4,227/sqm or $393/sqft).
Location & Neighborhood
The property is located at Oosakashi Abenoku Asahimachi 2 Choume 2-4 (大阪市阿倍野区旭町2丁目2-4), 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 33 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 153 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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