Asset Portfolio



Property description

Fiore Senior Residence Hirakata is a freehold 3-storey paid nursing home with care service consisting of 40 units.

The Property is approximately 3.5 km from Keihan-Katano Line "Hirakata City" Station of the Keihan-Katano line. Well nestled in a conducive residential area, there are also retail shops and restaurants located in the vicinity.

Key Statistics

Land Tenure Freehold
Land Area 727 sq m
Floor Area 1,155 sq m
Number of Units (Rooms) 40
Year of Completion 2007
Committed Occupancy 100%
Name of Lessee (s) K.K. Vivac
Appraised Value (as at 31 December 2016) ¥ 533 million (S$6.60 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by International Appraisals Incorporated using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 80.71.