Description

The property is a 10-storey industrial building located in the heart of Cheung Sha Wan, around 4-minute walking distance from Lai Chi Kok MTR Station, the property currently sits on a site size of 8,800sqft with a total existing GFA of 68,676sqft.

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Attributes

Building area gross

6,380 sm

Year built

1970

Land area gross

818 sm

Floors

Zoning

Other Specified Uses (Business)

Media

Investment highlights

Strong potential to be refurbished and upgraded into a Self-storage purpose asset
Strata acquisition is possible
Redevelopment potential to fully utilize the 12x plot ratio (without further land premium payments, or up to 14.4x with land premium) into modern workshops or potentially a Data Centre.