Asset Portfolio



Property description

Iyashi no Takatsuki Kan is a freehold 6-storey paid nursing home with care service consisting of 87 units.

Well nestled in a conducive residential area, the property is within a short walk to JR Kyoto Line “Takatsuki” Station.

Key Statistics

Land Tenure Freehold
Land Area 2,023 sq m
Floor Area 3,956 sq m1
Number of Units (Rooms) 87
Year of Completion 1997
Conversion works were completed in 2005
Committed Occupancy 100%
Name of Lessee (s) Riei Co., Ltd
Appraised Value (as at 31 December 2016) ¥ 1,657 million (S$20.53 million)2
Location Map Click here to view location map

Note:

  1. Increase in Net Lettable Area after completion of Asset Enhanced Initiative on 31 January 2014.
  2. The property was valued by International Appraisals Incorporated using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to JPY 80.71.