JLL appointed as sole agent for the sale of a rare car port and a residential flat in Mid-Levels West
Hong Kong, 9 March 2021 – JLL has been appointed by the landlord as the sole agent for selling the whole Car Port and a residential flat on lower floor of Park Height at No.66 Bonham Road and No.12A Park Road in Mid-Levels West. The market estimates the property to be worth around HKD38 million.
Located in a traditional upscale residential community on Hong Kong Island, Park Height was completed in 1995 as a composite residential building. On the G/F are shops facing Bonham Road. The main entrance is on the 1/F and faces Park Road. Part of the 1/F also serves for retail purposes. The two-floor Car Port is spread across 2/F – 3/F providing 17 parking spaces, with its entrance on the 1/F and facing Park Road.
The property for sale is Flat C on the lower floor with a saleable area of approximately 417 sq ft, as well as the whole Car Port of the development with a parking space ratio of 4:1.
Raymond Fung, Executive Director of Capital Markets at JLL in Hong Kong, said: "The property is at convenient locations. It is located at No.66 Bonham Road and No.12A Park Road in Mid-Levels West, adjacent to The University of Hong Kong and right in front of Exit C of Sai Ying Pun MTR Station. Mid-Levels West has traditionally offered the luxury of space, where parking lots are in short supply. The property to be sold includes a whole carpark, which is rarely seen in the area and suitable for car collectors to be held for their own use. With some of the carpark spaces for rental purposes and the remainder owner-occupied, the Car Port will be sold on an 'as-is' basis and subject to existing tenancies."
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, operations in over 80 countries and a global workforce of more than 91,000 as of December 31, 2020. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.