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750 SQM building for Sale in Al Aziziyah Dist - Jeddah - Dwelleo | Dwelleo
Ref 7200858386
750 SQM building for Sale in Al Aziziyah Dist - Jeddah
Al Aziziyah Dist., Jeddah
Price
SAR5,000,000
6,667SARper m²
Property Description
A prime investment opportunity to own a residential and commercial building in Al Aziziyah. The property is situated on two streets and offers a 750 sqm area. It consists of 3 floors and an annex, with 9 residential apartments and 5 leased commercial showrooms. The property provides a diverse mix of residential and commercial units, along with rental income and strong investment potential, making it suitable for investors seeking a multi-use income-generating property.
Location:
Al Aziziyah
25-meter South-facing street
15-meter West-facing street
Property Details:
Property Type: Residential & Commercial Building for Sale
Area: 750 sqm
Property Age: Over 20 years
3 Floors + Annex
9 Apartments
5 Commercial Showrooms
12 Utility Meters
Apartment & Rental Details:
4 apartments, each consisting of 5 rooms, leased for SAR 25,000 per year per apartment.
2 apartments, each consisting of 3 rooms, leased for SAR 18,000 per year per apartment.
1 apartment consisting of 2 rooms and a living room, leased for SAR 12,000 per year.
2 apartments, each consisting of 1 room and a living room, leased for SAR 8,000 per year per apartment.
Showrooms:
5 commercial showrooms leased for a total of SAR 85,000 per year.
Income:
Stated annual income: SAR 280,000 based on the previous rental rates.
Price:
SAR 5,000,000
Contact:
0543777151
