Asset Portfolio



Property description

Sawayaka Seaside Toba is a freehold 7-storey paid nursing home consisting of 129 units.

Located in a residential area near a bay in the suburb of Toba City of Mie Prefecture, the Property is approximately 880m to JR Sangu Line, Kintetsu Toba Line and Shima Line "Toba Station".

Key Statistics

Land Tenure Freehold
Land Area 2,803 sq m
Floor Area 7,360 sq m
Number of Units (Rooms) 129
Year of Completion 2012
Committed Occupancy 100%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2016) ¥ 1,520 million (S$ 18.83 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.