Industrial & Logistics

Asia One Tower, 8 Fung Yip Street, Chai Wan

8 Fung Yip Street, Chai Wan, Hong Kong Island, HK

Asia One Tower, 8 Fung Yip Street, Chai Wan_Property for Sale

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Asia One Tower, 8 Fung Yip Street, Chai Wan 2_Property for Sale

Asset description

Sole Agent [JLL] - Rare Industrial En-bloc Opportunity on the Island East waterfront

On behalf of the Owner, Jones Lang LaSalle is proud to announce our sole agency for an extraordinary opportunity to acquire a 160,000 square feet industrial building located in Chai Wan. We see this as a value-add opportunity to convert the existing Property into a mini storage facility, cold storage facility, or data centre, all highly in-demand assets by end-users and institutional funds alike.

Attributes

Building area gross
159,593 sf
Occupancy
100.00%
Year built
1982

Investment highlights

  • A 20-minute drive away from Kwai Chung Container Terminal and just a 40-minute drive to the airport and various mainland China transport ports
  • A large-scale 854-unit residential redevelopment project by Swire and China Motor currently undergoing construction is directly adjacent to the Property
  • Potential to merge with the three neighboring buildings to redevelop into a mega logistic or data centre
Asia One Tower, 8 Fung Yip Street, Chai Wan 4_Property for Sale

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Last updated
Oct 28, 2022