New Timely Factory Building #3835533 For Sale Property Detail Page

【MONTHLY RENT $70,000】
Brand New $2M Co-working Style Renovation | Stable Cash Flow | Rare Full-Floor Opportunity
Investment Core: Cash Flow is King
Immediate Rental Income: Currently generating a stable monthly rent of $70,000. Secure a high-quality tenant and enjoy immediate returns from day one without the hassle of leasing.
direct landlord
Rare Full-Floor Asset: 5,000 sq. ft. of expansive, private space. In the heart of Cheung Sha Wan, a full-floor unit with premium Co-working style fit-outs is an extremely rare find—perfect for capital preservation and growth.
Financial Breakdown
Asking Price: HK$16 Million (Only ~$3,200/sq. ft.)
Monthly Income: HK$70,000
Annual Income: HK$840,000
Rental Yield: 5.25% (Significantly outperforms bank deposits and residential yields)
Value-Add Asset: Includes HK$2 Million in brand-new high-end renovations. This capital injection is directly reflected in the property's premium rental power.
Unmissable Opportunity?
Premium Renovation: The owner has invested $2M to create a modern Co-working/Creative Studio environment. Featuring industrial chic design, upgraded electrical capacity, and modern fire safety systems.
Unbeatable Pricing: Own a full floor at $3,200/sq. ft. Compared to surrounding new industrial builds hitting $8,000+, this property offers a massive margin of safety and immense capital appreciation potential.
Prime Connectivity: Just a 3-minute walk to MTR Lai Chi Kok Station. This core location ensures high tenant demand and future rent-hike potential.
Property Specifications
Address: 497 Castle Peak Road, Cheung Sha Wan
Floor: Mid-floor, Full Floor (Excellent natural light, efficient square layout)
Size: Approx. 5,000 sq. ft. (Gross)
Key Features: 24/7 Access, Large Cargo Lifts, Luxury Fit-out, Existing $70k Tenancy.
Investor’s Brief:
"Finding a stable 5.25% yield in the current market is rare; finding one with a $2M turnkey renovation and a $70,000 monthly paycheck

【MONTHLY RENT $70,000】
Brand New $2M Co-working Style Renovation | Stable Cash Flow | Rare Full-Floor Opportunity
Investment Core: Cash Flow is King
Immediate Rental Income: Currently generating a stable monthly rent of $70,000. Secure a high-quality tenant and enjoy immediate returns from day one without the hassle of leasing.
direct landlord
Rare Full-Floor Asset: 5,000 sq. ft. of expansive, private space. In the heart of Cheung Sha Wan, a full-floor unit with premium Co-working style fit-o ...