Savills has been appointed the lead agent for the tender sale of Shops 1 & 2 on G/F (including grease trap) and External Signage Areas A and C of Lime Stardom in Tai Kok Tsui. The tender closing date is 6 October 2014 (Monday) at 12 noon and the indicative price is approximately HK$120 million.
Savills has been appointed the lead agent for the tender sale of Shops 1 & 2 on G/F (including grease trap) and External Signage Areas A and C of Lime Stardom in Tai Kok Tsui. The tender closing date is 6 October 2014 (Monday) at 12 noon and the indicative price is approximately HK$120 million.
Standing in a traditional neighbourhood, the captioned property is situated at Nos.3 & 19 Larch Street and No.18 Fir Street, Tai Kok Tsui, Kowloon, offering a brand new retail podium which is rare in that area. Shop 1 and Shop 2, G/F span a saleable areas of 2,836 sq ft and 2,041 sq ft respectively, totalling 4,877 sq ft. The frontage for Shop 1 and Shop 2 is approximately 112 ft and 47 ft respectively. The convenient location of the development easily connects residents and consumers to Mongkok and Olympic Stations in only 10 to 15-minute walking distance.
Various redevelopment projects by the Urban Renewal Bureau (URA) are marking a new page for the area, such as Nos. 2, 2A and 2B Anchor Street & No2. 1-15 Fuk Tsun Street to be redeveloped as hotel and Nos.13-31 Pine Street & No.87 Oak Street as residential units.
Catering for a lifestyle that blends harmony and quality, the new Tai Kok Tsui Bus Terminus Development Project serves that purpose. The open space will be transformed into a waterfront open space and will be connected to the existing 500m promenade.
Sharon Fong, Deputy Managing Director of Investment, Savills said, “the shops possess a contemporary curtain wall design with a ceiling height exceeding 6m, which is an outstanding feature. The shops are suitable for businesses such as banks, restaurants, beauty salons, yoga centres, bookstores etc. In addition, hotels and shopping malls are within the proximity, together with the upcoming redevelopment and residential projects in the neighbourhood, Tai Kok Tsui will definitely become the talk of the town.”