Rare Full-Building Investment in SoHo – Just Steps from the Central Escalator ! Priced at HK$150Million$$(PreviouslyHK$250 Million)

Property Overview

• Address: SoHo, Central – directly adjacent to the Central–Mid-Levels Escalator
• Type: 8-storey composite (commercial + residential) walk-up building
• Site Area: Approx. 1,155.59 sq. ft.
• Marketable GFA: Approx. 8,600 sq. ft.
• Tenure: 999-year leasehold from 2 March 1846 (effectively freehold-equivalent)
• Zoning: Residential (Group A)9 under Sai Ying Pun & Sheung Wan Outline Zoning Plan No. S/H3/34 (approved 13 Nov 2020)
• Occupancy Permit: Issued 26 July 1979
• Sale Basis: “As-is” with existing tenancies
• Current Gross Monthly Rental Income: HK$467,975

Unbeatable SoHo Location

Nestled in the heart of Central’s most stylish urban enclave, this full-block building enjoys an enviable position literally steps away from the iconic Central–Mid-Levels Escalator—the world’s longest outdoor covered escalator system.

• 🚶 1-minute walk to the Escalator entrance
• 🚇 10-minute walk to Central MTR Station
• 🚌 Easy access to buses, green minibuses, and taxis along Hollywood Road and Caine Road
• Surrounded by high-end dining, art galleries, boutique offices, and lifestyle destinations synonymous with SoHo’s vibrant energy

Flexible Usage & Strong Income Profile

• Ground and Lower Ground Floors: Hold valid Offensive Trades Licence (issued 5 August 2008), permitting F&B or other commercial uses (excluding hotel operations).
• Upper Floors (1/F to 7/F): Subject to Non-Offensive Trade Clause, ideal for boutique offices, co-living, serviced apartments, or premium residential leasing.
• Class A Site status ensures high development credibility and value retention.
• Currently generating HK$467,975/month in stable rental income—offering immediate yield with significant upside via repositioning or refurbishment.

Investment Highlights

✅ Rare full-building ownership in one of Hong Kong’s most sought-after micro-markets
✅ Long-term tenure (999 years) with minimal lease decay risk
✅ High foot traffic & visibility due to prime SoHo positioning
✅ Re-development or adaptive reuse potential under current “Residential (Group A)” zoning
✅ Passive income stream with option to enhance returns through asset management

Ownership Details

• Lot Numbers:
  • IL 2284 RP – Remaining portion of Inland Lot No. 2284
  • IL 2285 RP – Remaining portion of Inland Lot No. 2285

Call to Action

This is a rare opportunity to acquire a fully leased, income-generating asset in the heart of Central’s cultural and commercial revival. With its irreplaceable location, flexible usage rights, and strong cash flow, the property presents exceptional value for discerning investors, family offices, or developers seeking a foothold in SoHo.

Confidential viewing and financial details available upon request.