Transaction 5574, today’s market rumored transaction HK$23.8 million, feeling 7 points, 71 Wellington Street, Central, ground floor with entrance porch, built-up area of about 1,300 feet (ground floor about 700 feet + porch about 600 feet), ground floor area of about 490 feet, door width about 14 feet, depth about 39 feet 8 inches 100,000, tenant Mr. Avocado (tea shop), rent $80,000 through July 1, 2027, return rate of approximately 4.03%, 55 years old.
The original owners bought the property in April 2010 for HK$31.5 million and held it for 16 years, down 24.44 per cent.
This shop is located in the busy section of Wellington Street, between Powder Street and Ko Lin Street. It is hard to find a shop. To afford the rental value of $80,000, Mr. Avocado needs to sell a $50 drink about every 4 minutes, assuming ten hours a day, selling 160 cups a day, I estimate a monthly turnover of about $260,000 a month is enough to pay rent and have a reasonable profit. Visually, the current turnover of this tenant is not much, but even if this tenant moves, I believe it will be easy to find the next new tenant in this location. In the busy market, even 50 million can’t buy this location.好店！
Rating benchmark: 5 points market value, 10 points super good, 1 point to keep one guard. High score shops are to P-R-O.Prospect (Prospect), good rental value (Rental value), many amenities (Options), AND affordable prices! Note: The rating is only a superficial feeling. The rating is for superficial reference only.
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Seng Wai Shops for sale in June 2026, updated:
The following ✨High Percent Returns✨ For sale properties up to 4.8% return:
(1) Shops 1, 10, 11, 12 and 13, Princess Building, Emperor Road, Fortress Hill – Big Miss Ice Cream
~65 million~ Now for sale 42.5 million 4.8% return
(2) Shop A, Sea City Building, Tin Hau Electric Road – New Seven Seas Engineering
~33 million~ Now for sale 24 million 4.6% return
(3) Ground Floor and Porch, 20-24 Twin Sands Street, Sheung Wan – Reveri
~38 million~ Now for sale 33.9 million 4.6% return
(4) G/F and Porch, 108 Garden Street, Mong Kok – Ginzu Dim Sum
~33 million~ Now for sale 22.9 million 4.6% return
(5) 16 Dyeing Room Street, Mong Kok – The Madhouse
~28 million~ Now for sale 20.8 million 4.6% return
(6) Shop 3 and Porch, Jin Hee Building, Jin Fai Road, Yuen Long – Crackers Snacks
~11 million~ Now for sale 9.1 million 4.6% return
There are other busy shops for sale:
(7) Shop D, G/F, Po Ming Building, 96-106 Percival Street, Causeway Bay
~38 million~ Now for sale 35 million
(8) G/F and stairwell shops at 153 Laundry Street, Mong Kok
~45 million~ Now for sale 35 million
(9) Shop 4, B/F, Kai Fung Building, 10 Su Hang Street, Sheung Wan
~21 million~ Now for sale 17 million
(10) Shop C, G/F, 111-121 Laundry Street, Mong Kok
~28 million~ Now for sale 22 million
(11) Shop M, Wan Tong Building, 65-75 Lud Wai, Tsuen Wan
~24 million~ Now for sale 20.4 million
Valid until June 30, 2026
Detailed plans and photos for sale:
Contact me (Lee Genxing 90361143) or colleagues:
Desmond Chan 9660 2253 / Vivian Lee 9311 9274 / Marc Kwok 6092 6444 (Head)
www.bwfund.com
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