International real estate firm Savills is appointed as sole agent for the sale of 23/F, United Centre, a traditional grade-A commercial building located in the heart of Hong Kong's Central business district
International real estate firm Savills is appointed as sole agent for the sale of 23/F, United Centre (known as "The Property"), a traditional grade-A commercial building located in the heart of Hong Kong's Central business district. The property has an approximate gross area of 20,489 square feet with over 85% saleable area. The property is sold on an "as-is" basis, with partial existing tenancies and partial vacant possession. The indicative asking price of HK$25,000 per square feet, making it an attractive investment for those looking for quality commercial real estate in a prime location.
The property is a highly desirable investment opportunity, boasting exceptional Harcourt Garden and Mountain views. Located at the premier location with only 1-minute walk to the Admiralty MTR station, which serves as an interchange station for four MTR lines, providing easy access to all parts of the city.
One of the key highlights of this property is its proximity to the Queensway Plaza redevelopment project. The project is set to transform the area, creating a vibrant and dynamic new commercial hub with a mix of retail, dining, and entertainment options. As such, this property is expected to appreciate significantly in value, making it a highly attractive investment opportunity.
Mr. Raymond Wan, Chief Senior Director, Investment of Savills, commented, "This property is located in one of the most sought-after areas in Hong Kong's Central business district and benefits from the redevelopment project of Queensway Plaza. We anticipate strong interest from investors and end-users looking for high-quality commercial real estate. The border officially reopened before the Lunar New Year, a wave of buyers in Mainland China keeps looking for grade-A offices specially, such as Room 1403, No. 9 Queen's Road, Room 1611, Shun Tak Centre, and Room 2903, Bank of America Tower were sold previously with the highest price per square foot at HK$38,000."