Savills has been appointed as sole agent for the tender sale of 367-375 Queen’s Road Central, the L.plaza.
The site area is approximately 3,629 sq ft and the gross floor area is approximately 58,269 sq ft. It has been approved to use floors 1 to 4 as retail shops with an additional lift installed. This key additional feature will increase the value of the property and should definitely prove attractive to retail tenants.
James Pong, Director of Investment of Savills said, “Queen’s Road Central is a prime street in Hong Kong’s foremost business district and it is very rare to find a whole block building on sale such as the L Plaza in this location. The additional retail shops from 1st to 4th floor will also be an added advantage and will increase the value of the property. This will definitely attract investors and tenants.” The property is located only a few minutes’ walk from the nearest MTR station. The main entrance on Queen’s Road Central is 78 ft wide and is especially prominent - one of the current tenants is the well-known coffee chain, Pacific Coffee.