Overview of Guranhiru Chiyoda Tera Ke Ike Kouen 2 Ban Kan (グランヒル千代田寺ヶ池公園２番館)
Guranhiru Chiyoda Tera Ke Ike Kouen 2 Ban Kan (グランヒル千代田寺ヶ池公園２番館) is a 28-year-old condominium located at Kawachinagano Shi Oyamada Machi 451-157 (河内長野市小山田町451-157), Osaka, Japan. Built in 1998, it comprises 41 units in a Reinforced Concrete (RC) structure. It was constructed by Maeda Kensetsu Kougyou , Dai Matsu Kensetsu (前田建設工業、 大末建設).
Pricing & Floor Plans
Price range: 情報なし.
Estimated price per sqm: ¥17.2万/sqm (approx. $1,147/sqm or $107/sqft).
Location & Neighborhood
The property is located at Kawachinagano Shi Oyamada Machi 451-157 (河内長野市小山田町451-157), Osaka, Japan. It is a 5-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 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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