1600 SQM building for Rent in Dhahrat Laban Dist., Riyadh

A prime investment opportunity to lease a residential complex in Dhahrat Laban, with a total area of 1,600 m² on a 40m North street. The complex consists of 15 apartments with separate utility meters, featuring very spacious corridors and rooms, with the possibility of converting the living rooms into additional bedrooms. The building is located on a corner plot, surrounded by three towers and adjacent to a mosque. It also includes 10 commercial shops serving the residents, providing a variety of on-site services. Property Details Listing No. 1451 Type: Building for Lease District: Dhahrat Laban Street: 40m North Area: 1,600 m² Number of Apartments: 15 Current Lease Bid: SAR 900,000 Property Age: 8 years Utility Meters: Separate meters for the apartments Apartment Details 11 apartments, each consisting of: 4 Rooms Living Room Kitchen 2 Bathrooms 4 apartments, each consisting of: 3 Rooms Living Room Kitchen 2 Bathrooms Property Features Very spacious corridors and rooms. Possibility of converting the living rooms into bedrooms. Recently underwent full renovation and insulation works at a cost of SAR 750,000. Corner building surrounded by 3 towers. Adjacent to a mosque. The building includes 10 commercial shops serving the residents, including: Indian Buffet Indian Grocery Store Barber Shop Snacks Buffet Close to a traditional foul restaurant and a laundry. Leasing to an investor with market experience is acceptable.