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Property description

Sawayaka Shinmojikan is a freehold 6-storey paid nursing care home with care service consisting of 112 units.

Well nestled in a conducive residential area with farms and nursing homes in the surrounding vicinity, the Property is approximately 7km from JR Kagoshima line "Moji" Station.

Key Statistics

Land Tenure Freehold
Land Area 2,813.36 sq m
Net Lettable Area 5,087.57 sq m
Number of Units (Rooms) 112
Year of Completion 2007
Committed Occupancy 100.0%
Name of Lessee (s) K.K. Sawayaka Club
Appraised Value (as at 31 December 2011) ¥ 865 million (S$14.48 million)1
Location Map Click here to view location map

Note:

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