Luxury Investment Apartment for Sale (157 SQM) - Al Majediah 102 Compound

An exceptional investment opportunity in the highly desirable Al Majediah 102 Compound. This premium ground-floor apartment offers spacious living and excellent privacy, featuring a private side yard and two separate entrances. The property is currently tenanted, guaranteeing the new owner immediate and stable rental returns. Apartment Details & Layout: Area: The deed area is 128 SQM (Total area including the yard is 157 SQM). Layout: Features an open-plan Majlis and living area, 3 bedrooms (including 1 master suite), a maid's room, and 3 bathrooms. Amenities: Comes with a fully fitted kitchen, installed ACs, a private side yard, and a designated parking spot conveniently located directly opposite the apartment entrance. Investment & Financial Details (in SAR): Rental Income: Leased on a 3-year contract at 65,000 SAR annually (Rent for the first year has been received; 2 years remaining on the contract). Deed Status: The title deed is mortgaged to the bank. Open to Cash Buyers Only. Asking Price: 1,000,000 Saudi Riyals (SAR).