Shops for Rent on Garden Terrace, Hong Kong

Why rent a shop on Garden Terrace, Mid-Levels, Hong Kong?

Renting a shop on Garden Terrace in Hong Kong offers strategic advantages due to its prime location in Mid-Levels Central, one of the most prestigious residential and business areas on Hong Kong Island. Garden Terrace is situated along Old Peak Road, just steps away from Central’s core business district, providing excellent accessibility to a high-traffic, affluent customer base, including local residents and top expatriate professionals. This area benefits from well-developed infrastructure, nearby upscale amenities such as the Ladies' Recreation Club, and convenient transportation options like shuttle buses and proximity to the Mid-Levels escalator system. The surrounding neighborhood combines luxury living with vibrant commercial opportunities, making it ideal for businesses seeking visibility and a premium clientele. Additionally, the scenic views of Victoria Harbour and the Central skyline enhance the appeal of the location, potentially attracting more customers and boosting brand prestige. Overall, renting a shop on Garden Terrace combines location convenience, affluent demographics, and lifestyle amenities, contributing to strong business potential in Hong Kong’s competitive market.

How much does it cost to rent a shop on Garden Terrace, Mid-Levels, Hong Kong?

Renting a shop on Garden Terrace in Mid-Levels, Hong Kong typically costs between HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the retail space. Garden Terrace shop rental prices are influenced by factors such as foot traffic, proximity to residential buildings, and the overall demand for Mid-Levels commercial properties. Smaller retail units of 200-500 square feet generally command higher per-square-foot rates, while larger spaces may offer more competitive pricing. The total monthly rental cost for a shop on Garden Terrace can range from HK$30,000 to HK$120,000 or more, making it a premium retail location due to its strategic position in the affluent Mid-Levels district. Property management fees, rates, and government rent are typically additional costs that tenants should factor into their budget when considering Garden Terrace retail space rental in Hong Kong.

What's the foot traffic like on Garden Terrace, Causeway Bay, Hong Kong?

Garden Terrace in Causeway Bay, Hong Kong experiences exceptionally high foot traffic throughout the day, making it one of the busiest pedestrian areas in the city. Located in the heart of Causeway Bay's prime shopping and commercial district, Garden Terrace sees continuous streams of shoppers, tourists, and office workers, particularly during lunch hours between 12-2 PM and evening peak times from 6-9 PM. The foot traffic is heaviest on weekends and public holidays when both locals and international visitors flock to the area's numerous shopping malls, restaurants, and entertainment venues. The street connects major attractions and shopping centers, resulting in steady pedestrian flow from early morning until late evening, with the area remaining vibrant well into the night due to its proximity to popular dining and nightlife establishments. During major sales periods and festivals, foot traffic on Garden Terrace can become extremely congested, reflecting Causeway Bay's status as one of the world's most expensive retail districts and a premier destination for shopping and tourism in Hong Kong.