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Property Info


Monticello

48 Kennedy Road, Mid-levels East, Hong Kong

Price: HKD 24,500,000 sale with lease
(S) 1,232 (G) 1,453 sq.ft. 2-Bed., 2-Bath.
Proway Relocation & Real Estate Services Ltd.

Balcony off Living & Dining Rm
Balcony off Living & Dining Rm
Living and Dining Room
Living and Dining Room
Living and Dining Room Living and Dining Room
Living and Dining Room Living and Dining Room
Master Bedroom Master Bedroom
Master Bedroom
Master Bedroom
Built-in Wardrobe in Master Bedroom
Built-in Wardrobe in Master Bedroom
Master Bathroom
Master Bathroom
Second Bedroom
Second Bedroom
Open Kitchen
Open Kitchen
Open Kitchen
Open Kitchen
Guest Bathroom
Guest Bathroom

General Information

Price : HKD 24,500,000 sale with lease
Saleable Area : 1,232 sq.ft.
Gross Area : 1,453 sq.ft.
Bedroom(s) : 2 (1-Ensuite)
Management Fee : HK$ 3,100 per month
Government Rate : HK$ 4,025 per quarter
Government Rent : HK$ 2,016 per quarter
Property# : 21759
Last Updated : 2025-02-19

Layout

2 Bedroom(s) (1-Ensuite); 2 Bathroom(s); Combined Living and Dining Room; 1 Maid's Room; 1 Balcony; 1 Utility Room

Car park

1 uncovered parking space

View

  • Looks out to the other buildings at a comfortable distance.

Internal Condition

  • Spacious living and dining room accented by stylish ceiling light.
  • Quality dark-colour hardwood floor throughout.
  • Master bedroom is facilitated with a built-in wardrobe and a glass ensuite bathroom.
  • Second bedroom is fitted with a queen-size bed and a wardrobe.
  • Large open kitchen with light fixtures, quality cabinets, and built-in appliances like gas hob, exhaust hood, microwave, oven, fridge and wine cellar.
  • Bathrooms have been very well maintained.
  • Washer & dryer installed in the utility room.
  • Maid's room could be converted into a storeroom.

Outdoor

  • Bright living and dining room has full height doors opening to the balcony.

Mortgage Calculator

Monthly Repayment *
90,878
Minimum Household Income *
181,756
Mortgage Plan
Expenses
Stamp Duty *
1,041,250
Agency Commission ***
245,000
Sub Total
1,286,250
Deposit
Initial Deposit(5%) *
1,225,000
S & P Agreement(5%) ***
1,225,000
Further Down Payment ***
4,900,000
Sub Total
7,350,000
Total Cash Outlay
8,636,250
Mortgage Summary
Monthly Instalment
90,878

Financing
17,150,000
Total Interest Payable
4,660,803
Total Repayment
21,810,803
  • * Exact Stamp Duty to be determined by Government
  • ** Normally 5% of purchase price (Exact % to be negotiated between buyer and seller)
  • *** Exact Real Estate Agent Commission to be confirmed by Real Estate Agent
  • DISCLAIMER: The calculated value is based on assumptions and provides an approximate result for your reference only.

Building Information

Monticello Building Outlook Building Outlook
Monticello Building Outlook Building Outlook
Monticello Building Outlook
Building Outlook
Monticello Main Entrance
Main Entrance
Monticello Signature
Signature
Basic Info High-rise Apartment
Year built 1969 (building age 56 years)

Location Map


About Mid-levels East

Midlevels East is generally referred as the residential area on the hillside above Wanchai and Happy Valley, covering part of Kennedy Road, Stubbs Road, and Wong Nai Chung Gap Road. Comprising a large strip of the hillside, the area is connected to the Southside through Wong Nai Chung Gap Road, Midlevels Central through Kennedy Road, and The Peak through Stubbs Road. Besides, pedestrians from Kennedy Road can access the vibrant Wanchai district through Hopewell Centre.

The district attracts higher middle income groups and wealthy populations due to less congressed living environment, leisurely ambience, and easy access to business districts. It also appeals to families with school age children because of the school network. Prestigious local schools within the vicinity include St. Paul's Co-educational College, SKH St James' Primary School, Wah Yan College, Raimondi College Primary Section, Rosaryhill Kindergarten and Marymount Schools. International schools include ESF International Kindergartens, Island School, French International School and Japanese School. As for amenity, Jockey Club and HK Cricket Club are within short driving distance.

Although wide range of accommodations are available in this housing district, from 600 sq. ft. single bedroom bachelor pads to 3,000 sq. ft. luxury apartments, most apartments are over 800 sq. ft. in size.

* Rental Incl.: Rental Inclusive (including management fee and government rate)

The above rental or sale information is provided by the hong kong property agency Proway Relocation & Real Estate Services Ltd or its sister companies, a premier real estate agency specializing in realty, residential property for rent and sale in Hong Kong. Looking to rent a flat, buy a flat or list property? Please call us at +852 28660130.

Enquiry
Elaine Lam
Elaine Lam
Client Service Officer
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