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Home > Asset Portfolio > Nursing Home > Excellent Tenpaku Garden Hills

Property description

Excellent Tenpaku Garden Hills is a freehold 4-storey paid nursing home consisting of 94 units.

Well located in the residential area of Tenpaku-ku, 5 minutes drive from the Ueda Station on the Nagoya City Subway Tsurumai Line.

Key Statistics

Land Tenure	Freehold
Land Area	6,593 sq m
Floor Area	4,000 sq m
Number of Nursing Home Units (Rooms)	94
Year of Completion	2013
Committed Occupancy	100%
Name of Lessee (s)	K.K. Kokanomori
Appraised Value (as at 31 December 2023)	¥ 1,850 million (S$ 17.2 million)1
Location Map	Click here to view location map

Note:

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