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Home > Asset Portfolio > Nursing Home > Blue Rise Nopporo

Property description

Blue Rise Nopporo is a freehold, 5-storey nursing home, consisting of 70 units.

It is strategically located in the residential neighbourhood of Ebetsu City, Hokkaido Prefecture. The Property is accessible from Nopporo Station and approximately 20 min train ride from Sapporo Station.

Key Statistics

Land Tenure	Freehold
Land Area	1,920.83 sq m
Floor Area	2,663.48 sq m
Number of Nursing Home Units (Rooms)	70
Year of Completion	2007
Committed Occupancy	100%
Name of Lessee (s)	Blue Care Kabushiki Kaisha
Appraised Value (as at 31 December 2023)	¥ 797 million (S$ 7.4 million)1
Location Map	Click here to view location map

Note:

1. The Property was valued by Enrix Co Ltd using Discounted Cash Flow, Direct Income and Cost Approach methods. Based on an exchange rate of S$1.00 to ¥107.5.