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Home > Asset Portfolio > Nursing Home > Sanko

Property description

Sanko is a freehold 3-storey paid nursing home consisting of 53 units.

Well located in the residential area of Kudamatsu City, south east of Yamaguchi Prefecture. The property is located approximately 2.9km northwest of JR Sanyo Main Line Kudumatsu Station.

Land Tenure	Freehold
Land Area	1,680 sq m
Floor Area	2,018 sq m
Number of Nursing Home Units (Rooms)	53
Year of Completion	2011
Committed Occupancy	100%
Name of Lessee (s)	K.K. M.C.S.
Appraised Value (as at 31 December 2022)	¥ 558 million (S$ 5.7 million)1
Location Map	Click here to view location map

Note:

1. The property was valued by Cushman & Wakefield using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 98.33.