The nursing home of 60 beds is a four-storey detached building with a basement. It has a total floor area of approximately 11,859 sqft. The property sits on a freehold land area of 6,350 sqft which is zoned for health and medical care use under the 2019 URA Master Plan. Land with this zoning is designated for hospitals, polyclinics and nursing homes.
Based on the total floor area, the guide price works out to be about $2,278 psf. The building is currently being operated by the owners, a private facility that offers long-term stay, respite care and daycare services for the elderly. The owners are looking to sell the property on a sale and leaseback agreement. The buyer of the property will lease the property to the owner for three years, with a possible extension for another two years. Th proposed monthly rent is $60,000.
The building currently has communal spaces on the first floor, including the kitchen and dining area, an activity room, a library, a staff canteen and an office area. Wards and private rooms are located on the upper floors, while the basement houses training rooms and a rehabilitation centre. The building comes with a lift that services all floors as well as ample private parking lots.
Asking Price is SGD $27 milllion
Interested buyers pls call / whatsapp 90670575 for more info & viewing. Thanks !