Commercial Residential Building for Sale – Al Qathami Plan, Shaza District, Madinah - Dwelleo | Dwelleo
Commercial Residential Building for Sale – Al Qathami Plan, Shaza District, Madinah
Shidhat Dist., Medina
Price
SAR5,200,000
New Listing
Property Description
Commercial Residential Building for Sale – Al Qathami Plan, Shaza District, Madinah
An outstanding investment opportunity to own a fully leased commercial residential building in a prime location within Al Qathami Plan (Shaza District), Madinah. The property generates stable rental income and is ideally positioned on a 30-meter-wide street.
Property Details
* Location: Al Qathami Plan, Shaza District, Madinah
* Land Area: 563.07 sqm
* Frontage: North
* Street Width: 30 meters
* Building: 4 Floors + Basement
* 10 Residential Apartments
* 4 Commercial Shops
Apartment Specifications
Each apartment includes:
* 3 Bedrooms
* Spacious Living Room
* 2 Bathrooms
* Aluminum Kitchen
* Split Air Conditioning Units installed in all rooms
All residential apartments are fully leased.
Additional Income
* Rooftop leased to Mobily Telecommunications, providing an additional source of rental income.
Property Summary
* Total Bedrooms: 30
* Total Living Rooms: 10
* Total Bathrooms: 20
* Total Kitchens: 10
Built-Up Areas
* Land Area: 563.07 sqm
* Basement: 330.94 sqm
* Ground Floor: 330.94 sqm
* First Floor: 373.61 sqm
* Second Floor: 373.61 sqm
* Penthouse Annex: 27.25 sqm
Investment Highlights
* Fully leased residential units with established rental income.
* Additional long-term income from the rooftop telecommunications lease.
* Four commercial retail shops enhancing investment returns.
* Strategic location in a growing area of Madinah.
* Excellent accessibility via a 30-meter-wide road.
* Ideal opportunity for investors seeking immediate cash flow and long-term capital appreciation.