Overview of Sanpaaku Okashira Hashi (サンパーク尾頭橋)
Sanpaaku Okashira Hashi (サンパーク尾頭橋) is a 34-year-old condominium located at Nagoyashi Nakagawa Ku Okashira Hashi 3 Choume 14-24 (名古屋市中川区尾頭橋3丁目14-24), Aichi, Japan. Built in 1992, it comprises 25 units in a Steel Reinforced Concrete (SRC) structure. It was constructed by Andou Kensetsu (安藤建設).
Pricing & Floor Plans
Based on 14 past listings, prices have ranged from 1,130〜2,480万円 (approx. $75,333–$165,333 USD at ¥150/$).
Unit sizes range from 58.5–108.8 sqm (630–1171 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 3DK (3-bedroom w/ dining-kitchen), 2LDK (2-bedroom w/ living-dining-kitchen), 3SLDK (3-bedroom w/ living-dining-kitchen + service room).
Location & Neighborhood
The property is located at Nagoyashi Nakagawa Ku Okashira Hashi 3 Choume 14-24 (名古屋市中川区尾頭橋3丁目14-24), Aichi, 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 34 years old, much of the building's value has already depreciated — the price largely reflects land value and location premium.
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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