Asset Portfolio



Property description

Excellent Tenpaku Garden Hills is a freehold 4-storey paid nursing home consisting of 94 units.

Well located in the residential area of Tenpaku-ku, 5 minutes drive from the Ueda Station on the Nagoya City Subway Tsurumai Line.

Key Statistics

Land Tenure Freehold
Land Area 6,593 sq m
Floor Area 4,000 sq m
Number of Nursing Home Units (Rooms) 94
Year of Completion 2013
Committed Occupancy 100%
Name of Lessee (s) K.K. Kokanomori
Appraised Value (as at 31 December 2016) ¥ 1,820 million (S$ 22.55 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.