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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 | 100% |
| Name of Lessee (s) | Medical Corporation Kenkou Choju Kai |
| Appraised Value (as at 31 December 2022) | ¥ 1,250 million (S$ 12.7 million)1 |
| Location Map | Click here to view location map |
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Note:
- 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 98.33.
- Medical Corporation Kenkou Choju Kai merged as the surviving company with Medical Cororation Misaki Kai in March 2021.
