Beschreibung
Appointed Sole Agent by order of the Receivers, Jones Lang LaSalle (JLL) is pleased to present an exceptional investment opportunity located at the heart of Tsim Sha Tsui.
85% UNDIVIDED SHARES OF NOS. 61, 63, 65, 67, 69, 71, 73 & 75 GRANVILLE ROAD, TSIM SHA TSUI
For Sale by Public Tender
(Unless previously sold or withdrawn)
Tender Closing Date:
12:00 noon, 16 September 2026 (Wednesday)
This offering represents a unique opportunity to invest in a prime asset nestled within one of Hong Kong's most vibrant districts. This property provides significant development potential and exceptional value-add opportunities. As an iconic location in Kowloon, it benefits from high pedestrian traffic and robust market demand, underpinning its investment appeal.
Situated in Tsim Sha Tsui, a key commercial hub, the property is perfectly positioned to capitalize on the district's continuous urban transformation and connectivity enhancements. The area is well-serviced by extensive transportation links, including MTR access and major bus routes, ensuring seamless connectivity to other parts of the city and strategic proximity to shopping complexes and cultural landmarks.
Eigenschaften
Medien
Investment-Highlights
- Rare city-center redevelopment opportunity – sizable site area of approx. 12,342 sq. ft. Based on OZP notes, the max. plot ratio is 12.0 for commercial developments, equivalent to a max. GFA of approx. 148,104 sq. ft.
- Ultra-wide street frontage with over 150 ft high-visibility frontage along Granville Road.
- Prime dual MTR access, approx. 6-minute walk to TST and East TST MTR stations.
- 85% undivided shares exceed statutory threshold under the Land (Compulsory Sale for Redevelopment) Ordinance, enabling compulsory acquisition of remaining interests to achieve 100% ownership.
- The site is zoned “Commercial” under the OZP, permitting hotel, office, retail, or Ginza-style developments. Additional upside includes residential redevelopment, which is feasible without lease modification. As “Flat” is listed under Column 2 of the OZP, it is subject to Section 16 approval from the Town Planning Board.
- High amalgamation upside and excellent potential to merge with adjacent lots for mega-scale redevelopment.
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