Hotel Ease Access Lai Chi Kok,  Lai Chi Kok_Property for Sale
Hotel Ease Access Lai Chi Kok,  Lai Chi Kok_Property for Sale
42A Wing Hong Street, Lai Chi Kok, Kowloon, 00000, HK

Hotel Ease Access Lai Chi Kok, Lai Chi Kok

Asset Description

Hotel Ease Access ∙ Lai Chi Kok was originally a 21-storey commercial building and had been converted into a hotel in 2022. It is about 7 minutes’ walk from Lai Chi Kok MTR Station Exit B1.

Total approved GFA is 38,619 sq. ft. and provides a total of 119 guestrooms.

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Attributes

Number of units
119 units
Building area Gross
3,588 m²
Year built
2022
Occupancy
80.00%
Property Reference Number
68850494

Media

Investment Highlights

Perfect time to invest

  • Reopening of border leads to significant improvement on occupancy and room rate; and
  • Perfect time to capture the increase volume of tourist and corporate traveler.

Most receptive lump sum investment opportunity

  • Worthy investment opportunity with ideal lump sum; and
  • Suitable for full equity payment or minimal financing.

Convenient accessibility

  • 7 minutes’ walk from MTR Lai Chi Kok station Exit B1;
  • Numerous public transports nearby; and
  • Infrastructure: High Speed Rail West Kowloon Station, Lok Ma Chau checkpoint & Hong Kong International airport.

Value-for-money – affordable hotel one-step to cores tourist districts

  • Affordable pricing for budgeted travelling;
  • Conveniently close to Yau Tsim Mong & Kowloon West; and
  • Key Tourist Attractions: M+/plus museum, Elements, Hong Kong Disneyland…

Nil capex required – immediately ready for operation

  • Brand new condition; and
  • Ready for accommodation / operation upon acquisition without additional costs.

Optimum number of room (119 Guestrooms)

  • Short period to ramp up to full occupancy while maintaining excellent operational efficiency.

Great Redevelopment Potential

  • The major user restriction in the government lease is “Non-offensive Trade” which provides valuable commercial redevelopment potential in the long-term. 


For site visit and more details, please feel free to contact JLL HK Capital Markets team:


Ariel Tam 譚先生 2846 5180

Adrian Tang 鄧先生 9654 5631

Clement Ho 何先生 2856 5113

Contact brokers

Hotel Ease Access Lai Chi Kok, Lai Chi Kok (0 Properties)
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Last updated
18 Sep 2023