Shops for Rent on Macdonnell Road, Hong Kong

Why rent a shop on Macdonnell Road, Mid-Levels, Hong Kong?

Renting a shop on MacDonnell Road, Hong Kong, offers a unique opportunity to establish a business in one of the most prestigious and expensive residential areas in the Mid-Levels district. This location benefits from its proximity to central business hubs and upscale neighborhoods, attracting affluent local residents and professionals. The street’s historical significance and association with a high-end community enhance brand prestige, making it ideal for luxury retail, boutique stores, or specialty services aiming to target a discerning clientele. Additionally, MacDonnell Road’s strategic position between Garden Road and Kennedy Road facilitates accessibility and visibility for both locals and visitors, creating a promising environment for sustained commercial success. Overall, renting a shop here leverages both the exclusivity and convenience of a prime Mid-Levels location in Hong Kong.

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

The cost to rent a shop on Macdonnell Road in Mid-Levels, Hong Kong typically ranges from HK$80 to HK$200 per square foot per month, depending on the specific location, size, and condition of the retail space. Prime ground-floor shops along Macdonnell Road commanding high foot traffic can cost upward of HK$150-200 per square foot monthly, while smaller units or those on upper floors may start around HK$80-120 per square foot. The rental prices on Macdonnell Road Mid-Levels are influenced by factors such as proximity to the Central-Mid-Levels escalator system, nearby residential density, accessibility, and the overall commercial viability of the area. For a typical 500-800 square foot retail unit, businesses can expect monthly rental costs between HK$40,000 to HK$160,000, plus additional charges for management fees, rates, and utilities. Due to Hong Kong's dynamic property market, these Macdonnell Road shop rental rates fluctuate based on market conditions, lease terms, and seasonal demand, making it essential for potential tenants to consult current property listings and engage local commercial real estate agents for the most accurate and up-to-date pricing information.

What's the foot traffic like on Macdonnell Road, Causeway Bay, Hong Kong?

Macdonnell Road in Causeway Bay, Hong Kong experiences moderate foot traffic compared to the bustling main shopping streets in the area. As a primarily residential and commercial street that runs parallel to the major retail corridors, Macdonnell Road sees steady pedestrian flow from local residents, office workers, and visitors accessing nearby buildings and establishments. The foot traffic typically peaks during rush hours in the morning and evening when commuters travel to and from work, as well as during lunch hours when office workers from surrounding buildings venture out for meals. While not as crowded as nearby Hennessy Road or the Times Square vicinity, Macdonnell Road maintains consistent pedestrian activity throughout the day due to its mix of residential complexes, small businesses, restaurants, and proximity to major shopping areas. The street serves as a convenient alternative route for pedestrians looking to avoid the heavier crowds on the main commercial thoroughfares, making it an accessible location with manageable foot traffic levels ideal for both business operations and comfortable walking.