Building for Rent in Jeddah Al Marwah

§1,500,000/annually
**investment opportunity – shell building | commercial / furnished apartments for rent** 📍 **location:** al-marwah district – hiraa street --- **▪️ property details:** - land area: 750 m² - frontage: 25 meters - depth: 30 meters - built-up area: more than approximately 400 m² per floor --- **▪️ building components:** - basement designated for parking - ground floor comprising 4 commercial showrooms - mezzanine floor with 4 apartments - five repeated floors, each containing 8 apartments - annex with 4 apartments - reception area and rear parking accommodating approximately 9 to 10 vehicles --- **▪️ furnished apartments:** - total number of apartments: 48 units - 5 studio apartments - 43 one-bedroom apartments with living room and utilities - the project design features interconnecting doors in all apartments, providing high operational flexibility that allows the investor to operate units independently or easily combine two apartments to form a larger two-bedroom unit with a living room and utilities — aligning with market demands and offering flexibility in asset management to maximize investment returns. --- **▪️ contract details:** - lease term: 5 years - building finishing is expected to be completed — god willing — at the beginning of november, with a two-month grace period granted to the investor for furnishing and obtaining necessary permits; the first rental payment is due on january 1, 2027. --- 💰 **rental value:** - sar 1,500,000 annually for the entire building --- we receive and directly market real estate offers and requests, and work to provide suitable opportunities for owners and investors. **fal license:** 1100301963
Listing Details
Street direction
South
Property Type
Residential
Street width
32m
Apartments
None
Age
New
Stores
4
Rooms
48
Area
750m²
Features
Advertiser Info
بدر عبدالعزيز سعيد الغامدي
5 Review
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