The ground floor of Jaffe Road, Wan Chai, with a price of 47.5 million

The commercial buildings in Wan Chai District, together with the Convention and Exhibition Centre and various government buildings in the district, ensure the flow of people, which is particularly prosperous in the retail and catering business. The Jaffe Road Shop near the MTR Station has even leased 4,750,000 yuan for sale.

Interval four is practical near the MTR station

Wu Xianming, Senior Regional Sales Director of Midland Wangpu, said that Block A, G/F, Kenley Building, 120-122 Jaffe Road, Wan Chai, was put on sale. The unit has a lease of about 500 square feet, with an intent price of $47.5 million and about $95,000 per square foot. The shop is separated by four practical and no pillars. The facade is about 19.1 inches wide. The location is located in the food section of the district. It is only one minute walk from the MTR Wan Chai Station. It is surrounded by many commercial buildings. For the sake of prosperity, the shop is now rented by long-term and stable tenants.

Reference market transactions, including No. 182, Jaffe Road, with an area of ​​about 1,400 square feet, a construction cost of about 42 million yuan, an average price of about 30,000 yuan, and another 216-220 floor space of Jaffe Road, covering an area of ​​about 2,400 square feet, with a transaction price of about 228 million yuan. The average price is 95,000 yuan.

The site is located near commercial and livelihood areas. There are also buses, minibuses and tram stops in the vicinity. The flow of people is endless and the overall business environment is good. Take another street shop in the same street as an example. 500 square feet, monthly rent as high as 118,000 yuan, rent is 236 yuan, which shows that the market demand is strong, coupled with the tight supply, it is expected that there will still be room for upward rent in the future.