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Six-storey Boutique Hotel Along Hongkong Street For Sale
Jones Lang LaSalle (“JLL”), as the exclusive marketing agent, is proud to present for sale 7 Hongkong Street – a 6-storey boutique hotel excellently located in the heart of the Central Business District (CBD).
7 Hongkong Street features several excellent attributes including an efficient layout, well-appointed guest rooms and a superior location amongst others. The Hotel represents a timely opportunity for all keen-eye investors to acquire an outstanding hospitality asset with strong capital upsides.
The Property is offered for sale via an Expression of Interest exercise closing 21st December 2021, Tuesday at 3pm.
KEY INVESTMENT HIGHLIGHTS
- Prized CBD location
- Timely opportunity amidst strong travel demand
- Palatable quantum
- Strong capital appreciation potential
- with immediate area undergoing rejuvenation potential
- 27 well-appointed guest rooms
- Benefit of vacant possession, flexibility for rebranding
- Ideal for value-add & asset enhancement strategies
- Equipped with lift access
- Excellent accessibility, within 100m to Clarke Quay MRT Station
- No ABSD or SSD payable