Residential property at No. 25 Junction Road, Kowloon up for sale
The asset features a total gross floor area of 4,834 sq. ft.
The residential property at No. 25 Junction Road, Kowloon, has been up for sale by private negotiation.
According to the property’s sole agent, CBRE, the asset features four floors with four residential units above a basement car park, offering a total gross floor area of 4,834 square feet (sq ft).
Located at the intersection of Junction Road and Dumbarton Road in Kowloon City, the property is just a three-minute walk from Kowloon City Plaza and adjacent to Munsang College.
It also covers an area of approximately 1,400 sq. ft. as a standalone lot, sharing a staircase entrance with No. 23 Junction Road and forming part of a building complex with Nos. 48-50 and Nos. 52-54 Grampian Road.
Avan Pau, senior director of Capital Markets at CBRE Hong Kong, said that buyers can explore options like converting the property into co-living spaces or hostels for immediate returns.
“With the asking price significantly adjusted from the peak, we expect this subject property will attract many investors,” he said.