Asset Portfolio



Property description

Orange no Sato is a 99 years leasehold 3-storey nursing rehabilitation facility consisting of 98 units.

Strategically located in the small Onsen town of Arida-gun, Wakayama prefecture. The Property is accessible from Fujinami Station.

Key Statistics

Land Tenure Leasehold with 99 years
Land Area 2,377 sq m
Floor Area 4,005 sq m
Number of Nursing Home Units (Rooms) 98
Year of Completion 1997
Committed Occupancy 95%
Name of Lessee (s) Medical Corporation Kenkou Choju Kai
Appraised Value (as at 31 December 2021) ¥ 1,240 million (S$ 14.7 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by Cushman & Wakefield using the Direct Income, Cost and Discounted Cash Flow methods. Based on an exchange rate of S$1.00 to JPY 84.17.
  2. Medical Corporation Kenkou Choju Kai merged as the surviving company with Medical Cororation Misaki Kai in March 2021.