Elgin Street, 49-49C

49-49C Elgin Street, Central, Hong Kong
HKD $ 22.8M | SA 361 SF | 1BD | 1BA
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Property number: 183801 Updated : 2025/09/04
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Layout / Parking Space

Description

Description
  • It looks out to the surrounding buildings and streets.
Internal Condition
  • This spacious studio apartment has been transformed into a vibrant retail space.
  • Its large interior provides versatile potential for various retail concepts, making it an ideal opportunity for entrepreneurs seeking a desirable and bustling storefront in a popular area.
  • It comes with a small dry pantry and a bathroom
External Area
  • Great outdoor terrace located at the back of the property.
  • Offering excellent street presence and high foot traffic due to its prime location on the Soho escalator.

Building

Low-rise Apartment, Year built 1966 ( Building age 59 )

Mortgage Calculator

Monthly Repayment
$79,900
Minimum Household Income
$159,800
Mortgage Plan
Expenses
Stamp Duty [1]
969,001
Agent Commission [2]
228,000
Sub Total
1,197,001
Deposit
Initial Deposit (5%) [3]
1,140,000
S & P Agreement (5%) [3]
1,140,000
Further Down Payment
4,560,000
Sub Total
6,840,000
Total Cash Outlay
8,037,001

Financing
15,960,000
Total Interest Payable
8,010,000
Total Repayment
23,970,000
Monthly Repayment
79,900

[1] Exact Stamp Duty to be determined by Government
[2] Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
[3] Normally 5% of the purchase price (Exact % to be negotiated between buyer and seller)
The calculated values are based on assumptions and provide an approximate result for your reference only.