Sea View Office Units in Hung Hom and Luxury Property in Island South
February 2, 2015, Hong Kong – CBRE is pleased to announce an active market response for the tender of two lead agency appointed projects including a group of office units and car parks in Peninsula Square, Hung Hom, and a residential property at 37B Tung Tau Wan Road, Stanley. The tender close date of the two projects has been extended to March 31, 2015 (Tuesday).
“We have received a positive response from investors, funds and end-users since the tender was opened in November 2014. The original tender date was set for early January but in light of the continuous enquiries, the owner has decided to extend to end March.”
The batch of office units at Peninsula Square is located on the upper floors. It includes the whole 17th floor, six units on the 21st floor, and the whole 22nd floor (top floor) with a total gross floor area of approximately 53,618 sq. ft.
37B Tung Tau Wan Road is a 3-storey deluxe house with a saleable area of approximately 2,491 sq. ft. It provides three spacious bedrooms (two with en-suite bathrooms) as well as a family room, a utility room, and a maid’s room. The house is equipped with a private garden and a carport (two car-parking spaces) for exclusive use.
“The office units at Peninsula Square have a high occupancy rate of 94% offering a very stable income return,” said Kwok. “Most units enjoy magnificent harbor views which are rare in this locality. The deluxe house at Tung Tau Wan Road is located in the prime, low-density Island South, which is an ideal option for buyers searching for prestigious residential property. We look forward to receiving more interested requests along with the extension of the tender date.”
Both properties are selling together with tenant agreement. Buyers can submit tender for either one of the properties or both.
Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.
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CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2016 revenue). The company has more than 75,000 employees (excluding affiliates), and serves real estate investors and occupiers through approximately 450 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.