Asset Portfolio



Property description

Iyashi no Takatsuki Kan is a freehold 6-storey paid nursing home with care service consisting of 87 units.

Well nestled in a conducive residential area, the property is within a short walk to JR Kyoto Line “Takatsuki” Station.

Key Statistics

Land Tenure Freehold
Land Area 2,023 sq m
Floor Area 3,956 sq m1
Number of Units (Rooms) 87
Year of Completion 1997
Conversion works were completed in 2005
Committed Occupancy 100%
Name of Lessee (s) Riei Co., Ltd
Appraised Value (as at 31 December 2024) ¥ 1,730 million (S$ 15.0 million)2
Location Map Click here to view location map

Note:

  1. Increase in Net Lettable Area after completion of Asset Enhanced Initiative on 31 January 2014.
  2. The property was valued by Cushman & Wakefield K.K using the Direct Capitalisation and Discounted Cash Flow Methods. Based on an exchange rate of S$1.00 to JPY 115.6.