Savills Hong Kong Limited is pleased to announce the appointment of sole agent to dispose of House C, Cheuk Nang Lookout, 30 Severn Road, The Peak.
Savills Hong Kong Limited is pleased to announce the appointment of sole agent to dispose of House C, Cheuk Nang Lookout, 30 Severn Road, The Peak.
Raymond Ho, Director of Residential Investment, Savills said that Cheuk Nang Lookout consists of three detached houses. Each house features an exclusive garden and swimming pool, and provides a high degree of privacy. The subject property – the three-storey, approximately 6,000-sq ft House C – is now for sale with vacant possession, and boasts a private lift and swimming pool. The property is now under major and luxurious renovation. Owing to the European-style architectural features and the exquisite interior design, it is expected to draw the attention of many discerning clients.
Cheuk Nang Lookout, built in 2001, is on Severn Road, the most prestigious address in Hong Kong. It has gorgeous views over the Southside and the location of this low-density luxury residence is second-to-none; it is away from the hustle and bustle of the city, yet it enjoys high accessibility, being only a 15-minute drive from Central.
Tim Wong, Director of Investment, Savills said that possessing a property on Severn Road is a true mark of one’s social status, since very few transactions take place here. From January 2012 onwards, only one town house transaction on Severn Road has been recorded. Due to the scarce supply of houses on The Peak, the indicative price will be HK$300 million. Moreover, in light of the exclusiveness of the property, it is believed that this sale will trigger a keen bidding competition among potential buyers.