Kwai Chung Hengya Center Ground Floor Factory Listing with 3.5% Yield

Prime Investment Opportunity in Kwai Chung Industrial Hub

A significant industrial real estate opportunity has emerged in the bustling district of Kwai Chung, attracting the attention of investors seeking stable yields. Pan Yongen, a representative from Midland IC & I, announced that the owner has commissioned the sale of a massive ground-floor space at Hengya Center, located at 18 Healthy Street. This listing covers Units 7 to 16, boasting a substantial gross floor area of approximately 19,517 square feet. The asking price is set at HK$100 million, which translates to a competitive average of about HK$5,124 per square foot in the current market.

Immediate Returns with Existing Tenancy

This 16-story industrial building offers more than just space; it represents a turnkey investment. The ground-floor factory is being sold with an existing tenancy agreement, ensuring immediate cash flow for the new owner. Currently, the space is leased to two reliable tenants: a surveyor firm and a logistics company. These tenancies generate a combined monthly rental income of HK$290,000. With the lease running until July 2026, investors can expect a solid rental return rate of approximately 3.5% based on the current asking price, making it an attractive defensive asset.

High-Spec Features for Logistics and Operations

Pan highlights the functional superiority of this unit, which is designed to handle heavy-duty industrial operations with ease. The property features an impressive ceiling height reaching up to 18 feet, providing ample vertical space for storage or machinery. Crucially, the entrance is designed to allow 40-foot containers to drive directly in, a rare and highly sought-after feature that significantly boosts logistical efficiency. This makes the site ideal for logistics warehousing, heavy equipment storage, or acting as a central distribution hub.

In terms of infrastructure, the unit is powered by a robust 1200A three-phase power supply, sufficient to support high-load equipment and continuous operations. The building itself is well-equipped to handle high traffic, featuring one passenger lift and four cargo lifts, ensuring that the movement of goods and personnel remains smooth and efficient throughout the business day.