Overview of Mezongurantsu Fujieda (メゾングランツ藤枝)
Mezongurantsu Fujieda (メゾングランツ藤枝) is a 24-year-old condominium located at Fujiedashi Ekimae 1 Choume 8-15 (藤枝市駅前1丁目8-15), Shizuoka, Japan. Built in 2002, it comprises 107 units in a Reinforced Concrete (RC) structure. It was constructed by Shizutetsu Kensetsu , Sumitomokensetsu (静鉄建設、 住友建設).
Pricing & Floor Plans
Based on 9 past listings, prices have ranged from 1,980〜2,800万円 (approx. $132,000–$186,667 USD at ¥150/$).
Unit sizes range from 73.8–99.7 sqm (794–1073 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3LDK (3-bedroom w/ living-dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 4LDK (4-bedroom w/ living-dining-kitchen).
Estimated price per sqm: ¥31.6万/sqm (approx. $2,106/sqm or $196/sqft).
Location & Neighborhood
The property is located at Fujiedashi Ekimae 1 Choume 8-15 (藤枝市駅前1丁目8-15), Shizuoka, 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 24 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
Scale advantage: With 107 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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