Fonda Industrial Building for Sale $16.8M | Fotan

The entire first floor of the Fung Tat Industrial Building in Fo Tan, Sha Tin Town Lot No. 69, is listed at HK$16.8 million, or HK$2,408 per square foot. It has unified ownership, high ceilings, and is a 5-minute walk to the MTR station, surrounded by large residential estates. The unit has been converted into 70 studios and is currently leased to a business center until February 2029. The high return is expected, with a rental income of HK$78,000 (tenant pays HK$5,000 management fee, landlord pays HK$7,000 rates). The unit is 6,974 square feet with a 17-foot ceiling, beautifully renovated, equipped with 300A three-phase electricity, separate men's and women's toilets, and a complete fire protection system. The floor load capacity is 7.5 kPa, and there are 3 exits. It is suitable for a food processing plant, repair center, or mini-storage facility. The property is not subject to any Buildings Department or Fire Services Department orders, the exterior windows are well-maintained, and it includes 61 air conditioners and 9 individual air conditioners. An exceptionally low price of HK$16,800,000.

The entire first floor of the Fung Tat Industrial Building in Fo Tan, Sha Tin Town Lot No. 69, is listed at HK$16.8 million, or HK$2,408 per square foot. It has unified ownership, high ceilings, and is a 5-minute walk to the MTR station, surrounded by large residential estates. The unit has been converted into 70 studios and is currently leased to a business center until February 2029. The high return is expected, with a rental income of HK$78,000 (tenant pays HK$5,000 management fee, landlord p ...