The sale is via public tender.
The Commercial Accommodation of ONE SOHO with 11 commercial parking spaces and two commercial motor motorcycle parking Spaces is for sale via public tender for $400m.
The property is solely owned by the Urban Renewal Authority and located at No. 32B Shantung Street, in the heart of Mong Kok and within walking distance to the landmark complex of Langham Place and Cordis Hotel.
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It has a total GFA of approx. 22,449 sq. ft. with shops spanning across G/F, 1/F and Basement 1 Floor, providing at least 14 retail shops sized between 218 and 2,263 sq. ft. Ample parking space is also provided with 11 Commercial Parking Spaces and two Commercial Motor Cycle Parking Spaces located on Basement 2 Floor.
The commercial loading and unloading area is located on the Basement 1 Floor with three commercial loading and unloading spaces. ONE SOHO Commercial Accommodation has high ceiling heights with G/F and 1/F both at approximately five meters on each floor, and Basement 1 Floor at approximately. 4.48 meters.
The submission deadline for interest in the property will be at 12:00 noon, 15 November 2023.
JLL and CBRE have been appointed as the joint sole agent for the sale.
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