Asset Portfolio

Property description

Maison des Centenaire Ohhama is a freehold 5-storey paid nursing home consisting of 47 units.

Well nestled in a conducive residential area near a bay in the center of Sakai City of Osaka Prefecture, the Property is approximately 1,000m to Nankai Electric Railway Nankai main line "Sakai Station".

Key Statistics

Land Tenure Freehold
Land Area 1,281 sq m
Floor Area 1,717 sq m
Number of Units (Rooms) 47
Year of Completion 1990
Committed Occupancy 100%
Name of Lessee (s) Miyako Enterprise Co., Ltd.
Appraised Value (as at 1 December 2016) ¥735 million (S$ 9.11 million)1
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  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.