Attributes

Building area net

250 m²

Year built

1966

Occupancy

100%

Tenants

鮮多多生活超市 Fresh Dor Dor Supermarket

Asking price

₩11,159,113,000

Description

Situated in the heart of Kwun Tong’s traditional market district, the shop fronts directly onto a busy public light bus (minibus) terminus on Fu Yan Street, ensuring constant foot traffic. Surrounded by dense public and private housing estates, the area boasts a mature, self-sustaining community with robust daily demand for essential goods—making this one of Kowloon East’s most utilized street-level retail units.

The property is currently leased to “Fresh Dor Dor,” a well-established local chain specializing in fresh groceries and daily necessities. The tenancy operates smoothly with reliable rental income, clearly demonstrating the asset’s resilience as a community-essential retail space and its strong potential for consistent cash flow.

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Investment Highlights

Prime Market Location · Excellent Accessibility: Directly opposite the Fu Yan Street minibus terminus, near Kwun Tong Transport Interchange, and within walking distance to Kwun Tong MTR Station—positioned on a key pedestrian route with high visibility and organic footfall, independent of shopping malls.

Occupied by Reputable Chain Tenant · Essential Retail Focus: Leased long-term to “Fresh Dor Dor,” which offers fresh food and household essentials—a high-frequency, low-volatility business model that ensures stable tenancy performance.

Functional Floor Area · Dual-Level Layout: Comprises ground-floor units (01–02) plus mezzanine spaces (A1 & A2), offering flexible configuration for unified or separate operations—enhancing operational efficiency and rental upside.

Rare Legacy-District Asset · Long-Term Income Play: As urban renewal accelerates in Kwun Tong, street-level retail units in established neighborhood markets like this—immediately income-producing and irreplaceable in location—are becoming increasingly scarce, underscoring their long-term investment appeal.