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750 SQM building for Sale in An Nuzhah Dist., Jeddah - Dwelleo | Dwelleo
Ref 7201086766
750 SQM building for Sale in An Nuzhah Dist., Jeddah
An Nuzhah Dist., Jeddah
Price
SAR5,250,000
7,000SARper m²
Property Description
An outstanding real estate investment opportunity to purchase an established commercial and residential building generating strong annual rental yields. Located strategically on the busy Hiraa Street (between the 70th and 80th intersections) in Al Nuzhah District, North Jeddah.
Property Details & Layout:
Plot Area: 750 sq.m
Structural Layout: 2 Floors + Annex + Rear Yard
Commercial Units: 5 Ground-floor retail shops
Residential Units: Multiple apartment configurations (ranging from 2-bedroom to 4-bedroom layouts) with an attached rear yard of approx. 200 sq.m
Roof Annex: 4-Bedroom apartment unit plus an adjacent open rooftop terrace
Financial & Investment Highlights:
Current Total Annual Rental Income: 370,000 SAR / year
Retail Shops Income: 150,000 SAR / year (active lease with 3 years remaining)
High-traffic commercial location on Hiraa Street ensuring continuous occupancy and property appreciation
Estimated Monthly Financing Installment: 34,000 SAR / month (approximate)
Sale Price:
Asking Price: 5,250,000 SAR
