Savills has been appointed the sole agent for the en-bloc property located at 156–158 Nam Cheong Street, Sham Shui Po. The property is a six-storey, newly renovated building, first occupied in 1974. The G/F and 1/F are for commercial use, while the 2/F to 5/F are for residential use. The site spans an area of 1,914 sq ft, the GFA is 10,428 sq ft. The property is to be sold on an “as-is” basis.
Located in the core area of Sham Shui Po, the property is close to Golden Computer Shopping Arcade, Apliu Street market and Nam Cheong Street Rest Garden. The property is only an one-minute walk from Sham Shui Po MTR Station, providing high accessibility.
Sam Mock, Senior Director and Head of Investment Sales, Savills, said “The property is located in the heart of Sham Shui Po, with a huge pedestrian flow and a convenient transportation network. As the plot ratio of the property can be increased to 9, the maximum GFA will be 17,233 sq ft, offering great redevelopment potential.”