
17/F, East Point Centre
555 Hennessy Road, Hong Kong, Hong Kong Island, 1000, HK
CHF 18,364,000
JLL as selling agents are pleased to present en-blocTai Hung Fai Yuen Long Commercial Building located in the heart of Yuen Long, New Territories.
This unique opportunity offers a compelling core investment in a thriving hub in the up and coming Northern Metropolis. With its strategic positioning in Yuen Long, one of the fastest-growing districts in Hong Kong capitalizing the growth of Pearl Harbour Delta, this office+retail property not only ensures stable cash flow but also promises significant upside potential.
The Tai Hung Fai Yuen Long Commercial Building boasts a substantial gross building area of 42,614 sqft, offering ample space for diversified business needs. Established in 1984, this property possesses a diverse tenant mix including education centres, beauty salon, church etc. , evident by its impressive close to 100% occupancy rate. The building is available at an asking price of HKD 288,000,000, reflecting a valuable asset within this developing market.
The strategic location of Yuen Long positions the property amidst critical growth catalysts, including the upcoming transportation enhancements and urban developments that foster economic vibrancy due to the development of Northern Metropolis. This locale benefits from robust connectivity with its close proximity to Yuen Long MTR Station, with planned infrastructure improvements strengthening access to central business areas while increasing local business engagement.