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Property description

Maison des Centenaire Ishizugawa is a freehold 5-storey paid nursing home with care service consisting of 52 units.

Easily accessible by Nankai Wakayama Line, Maison des Centenaire Ishizugawa is located within a short walk to “Ishizugawa” Station. Well nestled in a conducive residential area, the property is also located near to Kusuhara Hospital.

Key Statistics

Land Tenure Freehold
Land Area 1,111.05 sq m
Net Lettable Area 2,129.40 sq m
Number of Units (Rooms) 52
Year of Completion 1988
Committed Occupancy 100.0%
Name of Lessee (s) Miyako Kenkokai Medical Corporation
Appraised Value (as at 31 December 2011) ¥ 770 million (S$12.89 million)1
Location Map Click here to view location map

Note:

  1. The property was valued by International Appraisals Incorporated using the Direct Income, Cost and Discounted Cash Flow Approaches. Based on an exchange rate of S$1.00 to 59.74 units JPY.