Building for Rent in Jeddah Al Marwah

§1,500,000/annually
**investment opportunity – shell & core building – commercial / furnished apartments for rent** 📍 **location:** al-marwa district – hira street **▪️ property details:** - land area: 750 m² - frontage: 25 meters - depth: 30 meters - built-up area: approximately over 400 m² per floor **▪️ building components:** - basement dedicated to parking - ground floor comprising 4 commercial showrooms - mezzanine floor with 4 apartments - five repeated floors, each containing 8 apartments - annex with 4 apartments - reception and rear parking accommodating approximately 9 to 10 vehicles **▪️ furnished apartments:** - total number of units: 48 apartments - 5 studio apartments - 43 one-bedroom apartments (bedroom, living room, and utilities) - the project design features connecting doors between units, 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 and maximizing 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 the necessary permits. the first rental payment is due on january 1, 2027. 💰 **rental value:** - 1,500,000 sar 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
Please match the location according to the deed: حي النزهة بمدينة جدة .
Advertiser Info
بدر عبدالعزيز سعيد الغامدي
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