International real estate firm Savills is appointed as the sole agent for the public sale of the corner industrial workshop at No. 7, Ground Floor, Sino Industrial Plaza, No. 9 Kai Cheung Road, Kowloon Bay ("The Property") with an indicative price of HK$60 million. The expression of interest submission deadline is scheduled at noon on 31 October 2023 (Tuesday).
The property is an exquisite high-ceiling, single-sided workshop, encompassing a total gross floor area of approximately 6,200 square feet. It boasts an ultra-wide single-sided frontage of about 40 meters, facing Kai Cheung Road and Kai Shing Street, ensuring unparalleled visibility and exposure. In addition, the ceiling height reaches up to 3.96 meters, allowing for boundless developmental possibilities. Presently, the property is leased to Car Beautician, guaranteeing a steady and reliable rental income stream.
Mr. Louis Lai, Deputy Senior Director, Investment of Savills commented, "The property enjoys a prime location within the bustling core business district of Kowloon East (CBD2), merely a 3-minute drive from the thriving Kai Tak Development Area. It is surrounded by esteemed Grade A office buildings such as Skyline Plaza and Goldin Financial Global Centre. Consequently, the demand for car repair and beauty services is immense, catering to both the substantial local resident population and a vast clientele of business customers. The property's versatility extends beyond accommodating various industries; it is exceptionally well-suited for establishing a car repair centre and showroom. Remarkably scarce within the locale, this high-ceiling, single-sided workshop presents an unmissable opportunity for investors and self-utilization alike.”