Shop 2 on G/F & Cockloft 2, Fairview Court, 15 - 17 King Kwong Street, Happy Valley
No.15-17 King Kwong Street, Happy Valley, Hong Kong
MYR 17,910,000 | 243 m²
Attributes
Building area net
204 m²
Year built
1981
Occupancy
100%
Tenants
茄酒匯 Cigar & Wine Cellar
Asking price
MYR 17,008,000
Description
Strategically positioned within the well-established Houston Centre, occupy a prime position at the intersection of tourism and commerce in the heart of Tsim Sha Tsui East. The location is just a short walk from East Tsim Sha Tsui MTR Station and adjacent to Victoria Harbour, the Avenue of Stars, and numerous international hotels—ensuring consistently high foot traffic from local shoppers, mainland visitors, and global tourists alike.
The premises are currently leased to “Cigar & Wine Cellar”, a distinctive specialty retailer focusing on premium cigars and fine wines. With a strong brand identity and a loyal, high-spending clientele, this unique tenancy not only enhances the property’s market appeal but also demonstrates its capacity to support high-value retail operations with robust rental sustainability and long-term viability.
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Investment Highlights
- Prime TST East Location · Tourism & Retail Hub: Strategically positioned in the core of Tsim Sha Tsui East, steps from East Tsim Sha Tsui Station and waterfront attractions—benefiting from dual demand streams: affluent local consumers and international tourists.
- Specialty Tenant · High-Margin Business Model: Operated by “Cigar & Wine Cellar,” specializing in premium cigars and wines—a high-ticket, high-margin, low-volatility retail concept with a proven track record of reliable tenancy performance.
- Four Contiguous Units · Expansive Retail Space: Comprising four adjoining shops, offering an open, unified layout ideal for an immersive wine-and-cigar lounge, experiential retail concept, or upscale lifestyle destination.
- Rare Themed Retail Asset · Strong Market Identity: Among street-level units in Tsim Sha Tsui East, properties with a clearly defined niche and an established, operating specialty brand are exceptionally scarce—making this a standout asset that combines stable income with significant long-term appreciation potential.
Media
Shop 17, 18, 64, 65 G/F, Houston Centre, No.63 Mody Road (0 Properties)
