Asset Portfolio



Property description

Hakusho no Sato is a freehold 3-storey paid nursing home consisting of 124 units.

Well located in the residential area of Yachimata City, centre of Chiba Prefecture and is approximately 10km from Narita Airport. The property is located approximately 2.4km northwest of Yachimata on the JR Sobu Main Line

Land Tenure Freehold
Land Area 15,706  sq m
Floor Area 6,959 sq m
Number of Nursing Home Units (Rooms) 124
Year of Completion 1986
Committed Occupancy 100%
Name of Lessee (s) K.K. Hakusho
Appraised Value (as at 31 December 2016) ¥ 1,660 million (S$ 20.7 million)1
Location Map Click here to view location map

Note:

  1. 1. The property was valued by Colliers International using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY80.06.