Asset Portfolio



Property description

Sunhill Miyako is a freehold 4-storey extended stay lodging facility consisting of 34 units.

Located in a residential area on a hilltop with a panoramic view of Osaka bay, in the suburb of Hannan City of Osaka Prefecture. The Property is approximately 3,700m to Nankai Electric Railway Nankai main Line "Hakotsukuri Station".

Key Statistics

Land Tenure Freehold
Land Area 10,867 sq m
Floor Area 4,299 sq m
Number of Units (Rooms) 34
Year of Completion 1996
Committed Occupancy 100%
Name of Lessee (s) Miyako Enterprise Co., Ltd.
Appraised Value (as at 1 December 2016) ¥899 million (S$ 11.14 million)1
Location Map Click here to view location map

Note:

  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 JPY 80.71.