Residential & Commercial Property in Al Umrah Al Jadidah,Makkah.

Exceptional Investment Opportunity: Premium Commercial-Residential Property in Makkah A promising investment property (land and building) is officially available for sale. Located in a strategic position within the Al-Umrah Al-Jadidah district in Makkah, the property features direct frontage on the main public road. Key Property Details Location: Makkah, Al-Umrah Al-Jadidah, on the right side heading towards Al-Ji'ranah from Al-Nawariyyah. Total Area: 1,436.82 sqm. Type: Commercial-Residential. Strategic Advantages Direct and prominent view on the main public road. Close proximity to the upcoming Makkah Metro Project plans. Situated within the vicinity of the vital Al-Rajhi residential developments. Features 4 operational commercial shops overlooking the main street. Accessible via two thoroughfares with widths of 10 meters and 30 meters. Investment Status and Yield Occupancy Status: Fully leased under a long-term 10-year contract. Remaining Lease Period: 9 years (ensuring a stable and guaranteed return). Annual Income: SAR 70,000 (paid in two semi-annual installments). Sale Condition: The existing lease agreement remains valid and will be seamlessly transferred to the new owner. Boundaries and Dimensions North: Thoroughfare, 45 meters long. South: Al-Subhi property, 50.4 meters long. East: Al-Subhi property, 30.2 meters long. West: Main Public Road (30m wide thoroughfare), 30.4 meters long. Financial and Licensing Information Asking Price: SAR 2,000,000. Advertising License Number: 7200980379 Wafi/Val Brokerage License Number: 1100015211