Residential & Commercial Building for Lease – Al Khalidiyah District

Residential & Commercial Building for Lease – Al Khalidiyah District An excellent investment opportunity to lease a residential and commercial building in Al Khalidiyah District, offering a strategic location with easy access. The property is ideally suited for workers’ accommodation and provides excellent potential for expansion and reconfiguration to maximize occupancy. Property Details * Property Type: Residential & Commercial Building * Current Number of Rooms: 20 * Ideal Use: Workers’ Accommodation * Annual Rent: SAR 140,000 (Negotiable) Property Layout Basement * 5 rooms * Convertible to 8 rooms * 2 bathrooms Ground Floor * 6 spacious rooms * Living hall * Kitchen * 3 bathrooms First Floor * 7 rooms * 4 bathrooms Rooftop * Half of the rooftop is open and available for future use. Expansion Potential * Flexible layout with the possibility of increasing the number of rooms. * Potential to construct an additional floor, subject to the necessary approvals. Key Features * Prime location in Al Khalidiyah District. * Ideal for companies seeking workers’ accommodation. * Excellent investment potential with expansion opportunities. * Easy access to major roads and surrounding services. * Flexible layout suitable for various operational needs. Important Note: The ground-floor retail shops are currently leased to existing tenants and are not included in this lease agreement. The lease applies only to the residential section designated for workers’ accommodation.