Building for Sale in Mecca Ash Shawqiyyah





§23,575,000 § 18,000,000 Discount24%
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Financing optionswa alaikum assalam here is a summary of the building to date: the building consists of 8 floors on two electronic title deeds, each deed with an area of 500 sqm, with a total area of 1,000 sqm. it is located on two intersecting streets: a 64m street (front) and a 15m street (rear). (basement parking + ground floor showroom/retail + mezzanine floor + parking floor + 3 repeated office floors + residential apartment floor) there is an additional sub-basement floor that is unused due to civil defense regulations. the building has 2 elevators. there was a civil defense permit (which has expired and cannot be renewed as civil defense regulations have changed), along with a compliance certificate for the building. water, sewage, and fiber internet connections have been completed. --- **rental income summary:** | unit | annual rent (sar) | |---|---| | ground floor showroom | 400,000 | | mezzanine floor | 200,000 | | 6 offices – 110 sqm | 270,000 | | 15 offices – 70 sqm | 525,000 | | 3 offices – 30 sqm | 54,000 | | 7 residential apartments | 118,000 | | **total (fully leased)** | **1,567,000** | **one million, five hundred and sixty-seven thousand saudi riyals annually upon full occupancy.** --- **vacant units:** | unit | potential rent (sar) | |---|---| | 3 offices – 70 sqm | 105,000 | | 1 office – 30 sqm | 18,000 | | 1 apartment | 14,000 | | **total** | **137,000** | **one hundred and thirty-seven thousand saudi riyals.** --- **current actual rental income: sar 1,430,000** *one million, four hundred and thirty thousand saudi riyals.* --- **asking price: sar 23,575,000 — inclusive of agent commission, exclusive of vat.**
Listing Details
Street direction
North
Street width
64m
Apartments
None
Age
7 years
Rooms
150
Area
1,000m²
Features
Advertiser Info
حسان حسن محمد عسيري
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