With business people often forced to book serviced apartments weeks before arriving in the SAR due to chronic accommodation shortages, news of a new block of flats on the market is most welcome, property agents say.
Le Bateau is a smallish, five-floor, pastel-coloured block of nine flats set back from Queen's Road East just off Ship Street, in Wan Chai.
The area appears down-market, with views dominated by old, pre-war flats.
Le Bateau - located near the junction of Ship and Schooner streets - features eight one-bedroom flats between 718 square feet and 793 sq ft.
The top unit, which has been converted into a duplex and features a private patio, is 1,568 sq ft and has two bedrooms.
Rents are $31,000 to $35,000 per month with the duplex leasing for $50,000 per month.
