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Home > Asset Portfolio > Nursing Home > Sawayaka Mekari Nibankan

Property description

Sawayaka Mekari Nibankan is a freehold 3-storey paid nursing home consisting of 61 units.

Well nestled in a conducive residential area, the Property is approximately 2.5km to JR Kagoshima Main Line "Mojiko" Station.

Key Statistics

Land Tenure	Freehold
Land Area	1,354 sq m
Floor Area	2,133 sq m
Number of Units (Rooms)	61
Year of Completion	2012
Committed Occupancy	100%
Name of Lessee (s)	K.K. Sawayaka Club
Appraised Value (as at 31 December 2023)	¥ 356 million (S$ 3.3 million)1
Location Map	Click here to view location map

Note:

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