For Sale: Luxury Building in Al-Sahafa District – Riyadh - Dwelleo | Dwelleo
For Sale: Luxury Building in Al-Sahafa District – Riyadh
Al Sahafah Dist., Riyadh
Price
SAR12,500,000
New Listing
Property Description
For Sale: Commercial Building in Al-Sahafa District, Riyadh
Location & Orientation:
District: Al-Sahafa.
Location: Prince Nasser bin Saud bin Farhan Road.
Orientation/Facade: South-facing.
Land Area: 816 square meters.
Income Note: The property is currently leased at below-market rents, offering potential for future rental increases.
Property Components:
Residential Units: 7 Apartments + 1 Studio.
Commercial Units: 5 Showrooms / Retail Stores.
Electricity Meters: 13 Electricity Meters.
Construction & Lease Details:
Construction Quality: Custom-built (Personal Construction).
Finishes & Amenities: Marble entrances and central gas system.
Lease Contracts: Structured under two unified contracts covering all apartments and showrooms:
First contract date: 1st of Jumada al-Ula (1/5 Hijri).
Second contract date: 1st of Dhu al-Qi'dah (1/11 Hijri).