26/6/2018-5

Causeway Bay fine paved 26 million for sale

The retail market in Hong Kong continues to be good, with trading in Wangpu City, especially in Causeway Bay. With the continuous turnover of the rental market, the investment value of the shops in the district has gradually recovered. Recently, a fine store in Causeway Bay is expected to attract the interest of long-term investors.

The market is located at Shop 2, G/F, Lee Fat Building, 30-36 Jardine’s Bay, Causeway Bay. It is an agent of Midland and has an area of about 322 square feet. It is sold for HK$26 million with an average price of about HK$80,745. The shop is now rented by a fashion store. The monthly rent is about HK$73,000. The rental period is until the end of March 2019, and the rental return is about 3.37%.

Jardine’s Square is a well-known shopping district in Hong Kong. It is a popular day and night. The shop is a rare shop in the Causeway Bay area. It is the “admission version” of the existing shops in the district. The property is just a stone’s throw from the MTR Causeway Bay Station exit and the large shopping mall Hysan Place. Together with the internationally renowned brand clothing store, it will soon enter the nearby Jinghua Center, which will attract more people.