31/7/2018-7

Mong Kok Commercial Building price for sale

The commercial listings in Mong Kok District have always been sought after by market funds, and the vacancy rate is low, which can provide stable rental returns for the holders of goods. The full floor of the 8th floor of Yindu Commercial Building, 719 Nathan Road, Mong Kok, has recently been leased for sale and is represented by Midland.

The property area is approximately 1,460 square feet, and the owner’s intention price is approximately HK$17.52 million, with an average price of approximately HK$12,000. The above-mentioned properties are located on a large unilateral, full-scale lighting, open landscape, and independent, full-scale, very private, with independent air-conditioning, making tenants’ office hours more flexible. The property is strategically located within a minute’s walk from MTR Mong Kok Station. There are also a number of bus routes in the vicinity. It is very convenient to travel to all parts of the territory. The current monthly rental income of the property is about HK$36,500. The rental yield is reasonable. It is expected that the number of large shopping malls at Nathan Road, which is held by the Link, will be opened soon, which will promptly drive the flow of people and consumption in the area. It is expected that the rent and price of commercial buildings in the district will also be fully upgraded. Text: Suen