Office Space for Rent on Rednaxela Terrace, Hong Kong
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Why rent an office on Rednaxela Terrace, Mid-Levels, Hong Kong?
Renting an office on Rednaxela Terrace in Mid-Levels, Hong Kong offers businesses a prestigious address in one of the city's most sought-after commercial districts, combining excellent connectivity with a professional corporate environment. Located in the heart of Mid-Levels, Rednaxela Terrace provides easy access to Central Business District via the historic Mid-Levels Escalator system and comprehensive public transport links, making it convenient for employees and clients alike. The area boasts modern office buildings with premium amenities, flexible lease terms, and competitive rental rates compared to Central and Admiralty, while still maintaining a prestigious Hong Kong business address. Companies choosing Rednaxela Terrace benefit from proximity to major financial institutions, multinational corporations, and government offices, creating valuable networking opportunities and business synergies. The Mid-Levels location also offers stunning harbor views from many office spaces, professional building management services, and access to high-quality dining, shopping, and business facilities, making it an ideal choice for startups, SMEs, and established companies seeking a strategic Hong Kong office location that balances prestige, accessibility, and value for money.
How much does it cost to rent an office on Rednaxela Terrace, Mid-Levels, Hong Kong?
Office rental costs on Rednaxela Terrace in Mid-Levels, Hong Kong typically range from HK$35 to HK$65 per square foot per month, depending on the specific building, floor level, and office condition. Prime office spaces in newer or well-maintained buildings on Rednaxela Terrace can command higher rates of up to HK$70 per square foot monthly, while older properties may offer more affordable options starting around HK$30 per square foot. The Mid-Levels location provides excellent connectivity to Central and other business districts, making Rednaxela Terrace offices particularly attractive to small to medium-sized businesses, law firms, and financial services companies. Additional costs to consider when renting office space on Rednaxela Terrace include management fees, rates, air conditioning charges, and utility deposits, which can add approximately 15-25% to the base rental cost. Most office leases on Rednaxela Terrace require a minimum two to three-year commitment, with landlords typically requesting two to three months' rent as security deposit plus one month's rent in advance.
How accessible is Rednaxela Terrace, Mid-Levels, Hong Kong office space by public transportation?
Rednaxela Terrace in Mid-Levels, Hong Kong offers excellent accessibility by public transportation, making it a highly desirable location for office space. The area is well-served by Hong Kong's extensive bus network, with multiple bus routes connecting Rednaxela Terrace to Central, Admiralty, Wan Chai, and other major business districts across Hong Kong Island. The nearby Central-Mid-Levels Escalator, the world's longest outdoor covered escalator system, provides convenient pedestrian access to and from Central's financial district in approximately 20 minutes. Additionally, the location benefits from proximity to several MTR stations, including Central Station and Admiralty Station, which can be reached via the escalator system or short bus rides. Taxis and ride-sharing services are readily available throughout Mid-Levels, while the area's elevated position provides easy access to major roadways for those commuting by private vehicle. The combination of multiple transportation options, including the iconic escalator system, frequent bus services, and proximity to MTR connections, makes Rednaxela Terrace office space exceptionally accessible for employees and clients traveling from anywhere in Hong Kong, contributing to its appeal as a premium business address in the Mid-Levels district.