Asset Portfolio



Property description

Sanko is a freehold 3-storey paid nursing home consisting of 53 units.

Well located in the residential area of Kudamatsu City, south east of Yamaguchi Prefecture. The property is located approximately 2.9km northwest of JR Sanyo Main Line Kudumatsu Station.

Land Tenure Freehold
Land Area 1,680 sq m
Floor Area 2,018 sq m
Number of Nursing Home Units (Rooms) 53
Year of Completion 2011
Committed Occupancy 100%
Name of Lessee (s) K.K. M.C.S.
Appraised Value (as at 31 December 2016) ¥ 537 million (S$ 6.7 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 JPY80.06.