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Home > Asset Portfolio > Nursing Home > More Habitation Kobe Kitano

Property description

More Habitation Kobe Kitano is a freehold 10+1(basement)-storey paid nursing care home with care service consisting of 70 units.

Located in the commercial district in the southeast of Kobe City, More Habitation Kobe Kitano is easy accessible by Kobe City Subway line and within a 2-min walk from Shin Kobe station.

Key Statistics

Land Tenure	Freehold
Land Area	1,034 sq m
Floor Area	3,964 sq m
Number of Units (Rooms)	70
Year of Completion	1992
Committed Occupancy	100%
Name of Lessee (s)	K. K. Alphabetta
Appraised Value (as at 31 December 2023)	¥1,660 million (S$15.4 million)1
Location Map	Click here to view location map

Note:

1. The property was valued by Enrix Co Ltd using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.