Industrial block at 166 Wai Yip Street up for sale

The building offers a gross floor area (GFA) of approximately 60,527 sq. ft.

A fully refurbished industrial building at No. 166 Wai Yip Street, Kwun Tong, is up for sale via an Expression of Interest (EOI) exercise, its sole agent CBRE announced.

Originally completed in 1979, the property underwent significant refurbishments in 2013 and 2016. Enhancements include a modern glass façade, a grand lobby, premium interior upgrades, and three newly installed lifts with ground-floor access.

The building offers a gross floor area (GFA) of approximately 60,527 sq. ft., featuring a 5.35-metre-high ground floor suited for loading or a prestige entrance, a 5.225-metre-high first floor configured as an air-conditioned warehouse, and standard floors (2/F to 12/F) with floor plates ranging from 4,801 to 6,139 sq. ft.

The property will be sold with vacant possession and sits on a 6,420-sq. ft. site, with a potential maximum plot-ratio GFA of ~77,040 sq. ft. under a 12× redevelopment scenario.