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754 SQM shop for Sale in Az Zomorod Dist., Jeddah - Dwelleo | Dwelleo
Ref 7201044398
754 SQM shop for Sale in Az Zomorod Dist., Jeddah
Az Zomorod Dist., Jeddah
Price
SAR10,000,000
13,263SARper m²
Property Description
Commercial Complex for Sale in North Obhur – Al Zumurud District, Jeddah
A prime investment opportunity offered directly by the owner in one of North Jeddah’s promising commercial locations.
Location
Jeddah – North Obhur – Al Zumurud District, Al Khalidiyah Plan – Section C
The complex is located on King Saud Road, one of the area’s major commercial and strategic corridors.
Property Details
Land Area: 754 sqm
Commercial Units: 6 retail showrooms, each with a mezzanine
Independent electricity meter for each showroom, in addition to a separate meter for common services
Investment Advantages
Occupancy Certificate obtained and all requirements fulfilled
Located in an area experiencing rapid urban and investment growth
Strong and increasing demand for commercial retail spaces
Close to major tourism and entertainment developments in Obhur
Investment Returns
3 showrooms are currently leased
3 showrooms are available for lease
Current annual rental income: SAR 400,000
Potential to increase the return by leasing the remaining showrooms and increasing rental rates in the future
Asking Price: SAR 10,000,000 negotiable
