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Property description
Blue Terrace Kagura is a freehold, 3-storey nursing home, consisting of 100 units.
It is strategically located in the residential neighbourhood of Asahikawa City, Hokkaido Prefecture. The Property is accessible from Asahikawa Station and approximately 2.5 hours train ride from Sapporo Station.
Key Statistics
| Land Tenure | Freehold |
| Land Area | 2,063.61 sq m |
| Floor Area | 3,788.19 sq m |
| Number of Nursing Home Units (Rooms) | 100 |
| Year of Completion | 2016 |
| Committed Occupancy | 100% |
| Name of Lessee (s) | Blue Care Kabushiki Kaisha |
| Appraised Value (as at 31 December 2023) | ¥ 1,320 million (S$ 12.3 million)1 |
| Location Map | Click here to view location map |
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Note:
- 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.
