Overview of Asutoraasa Kashiwabara (アストラーサ柏原)
Asutoraasa Kashiwabara (アストラーサ柏原) is a 28-year-old condominium located at Kashiwabara Ichihei No 2 Choume 14-25 (柏原市平野2丁目14-25), Osaka, Japan. Built in 1998, it comprises 12 units in a Reinforced Concrete (RC) structure. It was constructed by Matsumura Kumi (松村組).
Pricing & Floor Plans
Based on 5 past listings, prices have ranged from 1,880〜2,080万円 (approx. $125,333–$138,667 USD at ¥150/$).
Unit sizes range from 90.1–90.1 sqm (970–970 sqft). Note: Japanese measurements refer to exclusive-use area (interior only, no common areas).
Available layouts: 4LDK (4-bedroom w/ living-dining-kitchen).
Location & Neighborhood
The property is located at Kashiwabara Ichihei No 2 Choume 14-25 (柏原市平野2丁目14-25), Osaka, Japan. It is a 9-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 28 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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