2
Basic Terrs
9. Teams have not yet been finalised but are unlikely to be substantially different from the following:
(a) 769-769 Nathan Road
(1) Term: The residue of 75 years (renewable for
75 years) fron 26th August 1929.
(ii) Area: 171 (1,341 square feet or thereabouts).
(iii) Crown Rent: $1,000 p.a.
(iv) User restriction: lass fransit Railway Entrance
and non-industrial purposes
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(with restriction for residential punyoses only above first floor level).
(v) Special Development Conditions : -
(a) No part of any building to be erected to exceed
a height of 51.5 m P.D.
(b) The conditions of grant will contain a "design
and disposition" clause requiring development to be subject to the special approval of the Director of Fublic Vorks.
(vi) A building covenant of $620,000 will be included to
be fulfilled within 36 months from the date of grant.
(b) 241 Cheung Sha Wan Road
(i) Tern : 75 years renewable for 24 years less
3 days from 1st July 1898
(ii) area: 100 (1,076 square feet or thereabouts)
(iii) Crowm Rent: $1,000 p.2.
(iv) User Restriction: Hon-industrial purposes (with
restriction for residential purposes only above first floor level).
(v) Special Development Conditions:
(a) No part of any building to be crected to
exoned & height of 15.5 m (150 feet) P.D.
(b) The conditions of grens will contain a "design
and disposition" cleuce renuining development to be subject to the social approval of the Dinecion of Tblic Yorke.
(vi) A building covenut of 1560,000 will be included
to be fulfilled with 36 month from the date of sment.
No comments yet.
Private notes are available after approval.