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Home > Asset Portfolio > Nursing Home > Sunny Spot Misono

Property description

Sunny Spot Misono¹ is a freehold 3-storey group home consisting of 20 units.

Well located in the residential area of Toyohira-ku, south east of Sapporo city. The property is 4 minutes walk from the Misono Station on the Sapporo City Subway Toho Line.

Key Statistics

Land Tenure	Freehold
Land Area	429 sq m
Floor Area	724  sq m
Number of Nursing Home Units (Rooms)	20
Year of Completion	1993
Committed Occupancy	100%
Name of Lessee (s)	K.K. Challenge Care2
Appraised Value (as at 31 December 2023)	¥ 215 million (S$ 2.0 million)3
Location Map	Click here to view location map

Note:

1. Formerly known as Liverari Misono.
2. Change of name due to Corporate Split with effect from 1 Oct 2020 (formely K.K. Living Platform)
3. The property was valued by Cushman & Wakefield K.K using the Direct Capitalistion and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 107.5.