International real estate firm Savills has been appointed by the vendor and receivers as the lead agent for the tender sale of Portion B1 & B2 of Shop 1 on G/F, 1/F – 2/F, and Exterior Wall of G/F – 2/F, Wai Tak Building, Nos. 414, 418 – 430 Lockhart Road ("the Property"). The Property has a total gross floor area of approximately 19,572 sq ft* and is offered for sale on an "as-is" basis with vacant possession. The public tender will close at noon on 3 November 2026 (Tuesday).
The property comprises the 1st and 2nd floors, each offering approximately 9,286 sq ft*, together with portions of Ground Floor Shops B1 and B2, measuring approximately 714 sq ft* and 286 sq ft* respectively. The premises feature a practical and efficient layout with regular floor plates. Boasting a prominent 145-foot window frontage along Lockhart Road, the Property enjoys exceptional visibility and exposure.
In addition, it is conveniently located within approximately a 3-minute walk from Causeway Bay MTR Station, providing excellent accessibility and transport connectivity.
Mr. Raymond Wan, Chief Senior Director of Investment at Savills Hong Kong said, “The Property, with an estimated value of approximately HKD 120 million, occupies a prime commercial location at the junction of Wan Chai and Causeway Bay. This rare offering comprises a large-scale retail podium and full-floor premises, providing strong pedestrian flow, a strategic location and flexible usage potential for retail, F&B, medical and other commercial purposes.
Having recently facilitated two similar transactions along Lockhart Road, we continue to see strong demand for quality retail and commercial assets in core districts. Coupled with improving market sentiment and the Property's asset enhancement potential, we expect interest from both investors and owner-occupiers.”
*Not verified & strictly for reference only, please seek professional advice.