Grand Palace Oita Station South Tower: A New High-Grade Tower Residence
Grand Palace Oita Station South Tower is a new high-grade tower condominium currently under construction in Oita City, Oita Prefecture. This 20-story reinforced concrete building offers a selection of spacious floor plans ranging from 2LDK to 4LDK, with exclusive areas from 60.90㎡ to 140.70㎡. The development is being sold in phases, with the second phase featuring units priced from 41,600,000 yen to a limited one-unit offering at 155,000,000 yen. The anticipated completion date is late January 2028, with handovers scheduled for late March 2028.
Critical agent notes have been provided, detailing essential property information. The post-division rights structure is as follows: The land is ownership (site rights) and the building is ownership (condominium ownership). The land, common building areas, and attached facilities are shared. The shared ownership ratio is calculated based on the proportion of each unit's floor area relative to the total floor area of the building's exclusive portions and the price ratio of the subdivided parking spaces. Balcony areas range from 11.60㎡ to 55.20㎡. Other areas (MB area) range from 0.66㎡ to 1.37㎡. The building confirmation number is No. BVJ-FUK23-11-1096 (March 27, Reiwa 7). The seller is affiliated with the (Public Interest Incorporated Association) Fukuoka Prefecture Real Estate Transaction Association and the (General Incorporated Association) Kyushu Housing Construction Industry Association.
The property boasts excellent convenience, located just a 6-minute walk (approx. 460m) from JR Oita Station, providing access to both the Kyudai Main Line and the Hohi Main Line. Daily necessities are within easy reach, with a drugstore, supermarket, and convenience store all within a 2-minute walk. The building includes 91 parking spaces (with monthly fees from 2,500 to 11,000 yen), a bicycle parking area for 100 bikes, and motorcycle parking for 5. Monthly management fees range from 6,700 to 15,500 yen, with repair reserve funds from 6,100 to 14,100 yen and a lump-sum repair reserve fund due at handover.
The surrounding Oita area is rich in culture and natural beauty. An interesting local fact is that Oita is famous for its numerous high-quality hot springs, with Beppu Onsen being one of Japan's most renowned hot spring resorts. The closest major tourist attraction from the property is the Oita Prefectural Art Museum (OPAM), a striking modern architectural landmark approximately 1,380 meters away, showcasing both international and local art.
