Shops for Rent on Austin Road, Hong Kong

Why rent a shop on Austin Road, Tsim Sha Tsui, Hong Kong?

Renting a shop on Austin Road, Hong Kong, is an excellent choice for businesses seeking a strategic location with high accessibility and vibrant commercial activity. Austin Road is situated in the bustling Jordan and Tsim Sha Tsui areas, offering proximity to major transportation hubs such as Jordan MTR station and multiple bus routes, ensuring convenient customer and staff access. The area features a mix of commercial buildings like Austin Plaza and 29 Austin Road that provide a variety of retail and office spaces suitable for shops, often at competitive rental rates around HK$27 to HK$29 per square foot. The surroundings include popular shopping districts, nearby cultural attractions, and easy connections to West Kowloon Terminus and the West Kowloon Cultural District, which drive foot traffic and enhance business visibility. Additionally, many buildings offer amenities tailored for food and beverage outlets and retail operations, making Austin Road a favorable location to establish or expand a retail presence in Hong Kong.

How much does it cost to rent a shop on Austin Road, Tsim Sha Tsui, Hong Kong?

The cost to rent a shop on Austin Road in Tsim Sha Tsui, Hong Kong varies significantly depending on location, size, and property condition, with retail rental prices typically ranging from HKD 80 to HKD 200 per square foot per month. Prime ground floor shops along Austin Road near the MTR station and major shopping areas command premium rents of HKD 150 to HKD 200 per square foot monthly, while smaller units or those on upper floors may rent for HKD 80 to HKD 120 per square foot per month. Austin Road shop rental costs are influenced by factors including proximity to Tsim Sha Tsui MTR station, foot traffic levels, shop frontage width, and nearby commercial developments like Elements mall and the International Commerce Centre. For a typical 500 to 1000 square foot retail space on Austin Road, monthly rental costs generally range from HKD 40,000 to HKD 200,000, with additional expenses including rates, management fees, and utility deposits that can add 10 to 20 percent to the base rent. Prospective tenants should also budget for key money or premium payments, which can range from two to six months rent depending on the desirability of the specific Austin Road location within the prime Tsim Sha Tsui retail district.

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

Austin Road 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 premier shopping district, Austin Road sees constant streams of locals and tourists walking between major retail destinations like Times Square, SOGO department store, and numerous fashion boutiques. Peak foot traffic typically occurs during lunch hours from 12pm to 2pm when office workers flood the area, and again during evening hours from 6pm to 9pm as shoppers and diners explore the vibrant neighborhood. Weekends bring even heavier pedestrian volume as families and tourists visit Causeway Bay's famous shopping centers, restaurants, and entertainment venues. The foot traffic on Austin Road remains consistently dense due to its strategic location connecting major MTR exits, bus stops, and shopping complexes, with the area maintaining its reputation as one of Hong Kong's most pedestrian-congested streets year-round.