Asset Portfolio



Property description

Hodaka no Niwa is a freehold 1-storey nursing rehabilitation facility consisting of 100 units.

Strategically located in the Onsen town of Takayama City, Gifu prefecture. The Property is accessible by bus from Fukuchi Onsen Bus Station.

Key Statistics

Land Tenure Freehold
Land Area 39,955 sq m
Floor Area 6,117 sq m
Number of Nursing Home Units (Rooms) 100
Year of Completion 2004
Committed Occupancy 96%
Name of Lessee (s) Medical Corporation Kenko Choju-kai
Appraised Value (as at 31 December 2019) ¥ 1,400 million (S$ 17.3 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by Enrix Co Ltd using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 80.71.