Objectomschrijving
Prime hotel in East Kowloon invites Expression of Interest
Due to the Overwhelming Market Response, the EOI Submission Deadline Has been Extended
All Expressions of Interest should be submitted to JLL by 3pm on 18th June 2024 (Tuesday) --->> 3pm on 9th July 2024 (Tuesday)
Venue of EOI Submission: JLL 7/F One Taikoo Place
- Site Area: 19,050 sq. ft.
- Approved GFA: 235,300 sq. ft.
- Existing Usage:
- 1/F & 2/F: Restaurant
- G/F: Shops, CPS and loading / unloading bays
- Hotel license No.: H/3939
- 598 guestrooms (As per the Approved Building Plan)
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Attributen
Netto gebouwoppervlakte
21.860 vierkante meter
Bouwjaar
2007
Bruto landoppervlakte
1.770 vierkante meter
Media
Investeringskenmerken
- Prime hotel suitable for a mixture of student accommodation + short stay guests + long stay occupants.
- Strategically located in Kowloon East CBD2 Kwun Tong to serve accommodation requirements for students attending Polytechnic University, HKUST, Metropolitan University and City University.
- Corner site with area of 19,050 sq.ft., approved GFA of 235,300 sq.ft., providing 598 guest rooms with potential to accommodate an optimal of 1,318 student bed spaces after conversion.
- Conversion to student accommodation featuring "hubs" of social interaction and shared facilities: 9-12 months conversion period with achievable mid-teens IRR p.a. and equity multiple of 2x assuming 5-year holding period.
- Full Kai Tak Cruise Terminal view starting from the 15th Floor and unobstructed harbour view starting from the 20th Floor.
Contact adviseurs
SOLE AGENT - Hotel COZi Harbour View, 163 Wai Yip Street (0 Eigendommen)
JLL kan u helpen bij de financiering en het beheer van uw portefeuille. E-mail ons vandaag nog om te zien hoe we u kunnen helpen uw ambities te realiseren.
Laatst bijgewerkt
Jun 11, 2024
