Nos. 61, 63, 65, 67, 69, 71 and 73 Granville Road, Tsim Sha Tsui for sale by public auction by Order of the Lands Tribunal
HONG KONG, 5 July 2021 – JLL has been appointed as auctioneer for the public auction of the buildings at 61, 63, 64, 67, 69, 71 and 73 Granville Road, Kowloon, Hong Kong pursuant to an Order for Sale made by the Lands Tribunal under the Land (Compulsory Sale for Redevelopment) Ordinance.
The property occupies a total site area of 10,840 sq ft, or 1,007.15 sq m, or thereabout. The reserve price of the property is HKD 1,926,200,000.
The property encompasses seven five-storey residential/commercial buildings, with number 61 (Kowloon Inland Lot No. 9805) sharing two common staircases with 59 Granville Road. The latter is not included in the public auction. Nos 65 and 67 (Kowloon Inland Lot No 9600-9612) Granville Road encompass a five-storey block served by two common staircases, as do nos 69 and 71 (Kowloon Inland Lot No. 8807 – 9586). No. 63 Granville Road (Kowloon Inland Lot No. 10101) comprises a five-storey commercial/residential composite, and no. 73 Granville Road (Kowloon Inland Lot No. 9549) also comprises a five-storey commercial/residential block, and shares a common staircase with no. 75 Granville Road. The latter is not included in the public auction.
Based on the《Tsim Sha Tsui S/K1/28 Outline Zoning Plan》, the site is zoned as “Commercial (6)” with the property being sold partly with vacant possession and partly subject to existing lettings and tenancies (if any) and on an “as is” basis.
The purchaser of the property and the purchaser’s successors in title will be subject to the conditions specified in Schedule 3 of Land (Compulsory Sale for Redevelopment) Ordinance and the conditions specified in the Order for Sale and any subsequent directions made by the Lands Tribunal (if any).
The public auction will be held at 11:00am on Tuesday, 27 July 2021 at the JLL office, 7/F One Taikoo Place, 979 King’s Road, Quarry Bay, Hong Kong.
JLL (NYSE: JLL) is a leading professional services firm that specializes in real estate and investment management. JLL shapes the future of real estate for a better world by using the most advanced technology to create rewarding opportunities, amazing spaces and sustainable real estate solutions for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.6 billion in 2020, operations in over 80 countries and a global workforce of more than 91,000 as of March 31, 2021. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.