International real estate firm Savills has been appointed as the sole agent for the sale of Nos. 2 – 6A Cameron Road, Tsim Sha Tsui, Kowloon ("The Property"). The Property occupies a site area of approximately 8,270 square feet. Construction has currently progressed to the 8th floor and the Property will be offered for sale on an as-is with vacant possession basis.
The Property is planned as a 28-storey development, with the basement level through the 8th floor designated for retail and food & beverage uses, which have already been completed, while the 9th floor and above are intended for hotel use. Selected upper floors are expected to enjoy the views of Victoria Harbour.
Strategically located in the heart of Tsim Sha Tsui’s prime commercial and tourism district, the Property is situated adjacent to the Tsim Sha Tsui MTR Station exit and boasts an approximately 120-foot-wide frontage along Cameron Road, benefiting from heavy pedestrian traffic and exceptional visibility. The development is surrounded by major retail and lifestyle landmarks, including Harbour City, K11 MUSEA, The ONE and Mira Place. Supported by a well-established cluster of retail, dining, hospitality and entertainment offerings, the area continues to attract substantial local and tourist patronage, underscoring the Property’s outstanding commercial value.
Mr. Raymond Wan, Chief Senior Director of Investment at Savills Hong Kong said, “The Property is an exceptionally rare ‘trophy’ asset in one of Tsim Sha Tsui’s most prime locations. Landmark development opportunities in the district’s core commercial area have seldom been made available to the market in recent years. Upon completion, the project is expected to become one of the most prominent hotel and retail complexes in the area.
Currently developed up to the 8th floor, the Property offers a rare opportunity for a purchaser to reconfigure the use and specifications of the various floors to suit its own investment strategy and market positioning. Given the strong leasing performance recently recorded by retail and hotel properties in the vicinity, the completed project is expected to generate attractive rental income and long-term investment returns for the future owner.”