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Rest House 1,436 m² for Sale in Al Umrah Al Jadidah District, Makkah - Dwelleo | Dwelleo
Ref 7200980379
Rest House 1,436 m² for Sale in Al Umrah Al Jadidah District, Makkah
Al Umrah Al Jadidah Dist., Makkah
Price
SAR2,000,000
1,393SARper m²
Property Description
An outstanding investment opportunity to own a mixed-use commercial and residential property in Al Umrah Al Jadidah, Makkah. Strategically located on a main road, the property generates stable rental income through a long-term lease, making it an ideal investment opportunity.
Property Details:
Location: Al Umrah Al Jadidah, Makkah (On the road toward Al Ji'ranah from Al Nawariyah)
Property Type: Mixed-Use Commercial & Residential
Land Area: 1,436.82 sqm
Price: SAR 2,000,000
Property Features:
Direct frontage on the main road
Includes 4 existing retail shops facing the main street
Located on two access roads with widths of 10 meters and 30 meters
Close to the planned Makkah Metro project
Surrounded by Al Rajhi residential developments
Prime location suitable for both commercial and residential investment
Investment Highlights:
Fully leased
10-year lease agreement
9 years remaining on the current lease
Annual rental income: SAR 70,000 (paid in two semi-annual installments)
Ownership transfers with the existing lease agreement in place
Property Boundaries:
North: 45-meter access road
South: Al Subhi Yard – 50.4 meters
East: Al Subhi Yard – 30.2 meters
West: Main Road (30-meter-wide access road) – 30.4 meters
License Information:
Advertisement License No.: 7200980379
FAL Real Estate License No.: 1100015211
