International real estate firm Savills has been appointed as the sole agent for the sale of G/F, 1/F and 2/F, Amber Commercial Building, Nos. 70 – 74 Morrison Hill Road, Wan Chai ("The Property"). The Property has a total gross area of approximately 21,702 square feet and will be sold with vacant possession.
Strategically located in the heart of Causeway Bay's core business district, this Property boasts a unique triple-road frontage advantage. Featuring an expansive 150-foot shop frontage directly facing Happy Valley Racecourse and a major intersection, it enjoys unparalleled pedestrian and vehicular traffic flow, delivering outstanding commercial value.
The ultra-wide window facade presents exceptional branding opportunities, ideally suited for large-scale advertising displays that maximize brand visibility. Inside, the Property offers a practical rectangular layout with highly flexible space, easily adaptable for diverse commercial uses – whether as a flagship retail store, large-scale F&B establishment, service outlet, or even for religious or educational institutions.
In terms of transportation infrastructure, the Property is well-connected, with a 5-minute walk to both the MTR Causeway Bay Station and tram station. Additionally, there are multiple bus and minibus routes connecting various areas of Hong Kong, Kowloon, and the New Territories. The Property is also close to the entrance of the Cross-Harbour Tunnel, making the drive to Kowloon just 5 minutes, providing a high level of convenience.
Mr. Raymond Wan, Chief Senior Director of Investment at Savills Hong Kongsaid, “As a core retail area in Hong Kong, large-scale shops for sale in Causeway Bay are indeed rare in the market. This Property not only boasts an excellent location but also significant advertising value. The latest valuation of the Property is HKD 190 million, and the owner is currently offering it at an indicative price of HKD 160 million. We anticipate that this Property will attract strong interest from substantial investors and end-users.”