Building for Sale in Medina Bani Dhafar

🏢 property number: 8024 🔺 for sale – distinctive commercial investment land and property near the prophet's mosque | madinah 🔺 a promising investment opportunity in a vital location in the eastern harrah qibliyah (al-harra al-sharqiyah al-qibliyah) district, with existing rental income and the potential to develop the project into a 4-star hotel. 📍 geographic location: • madinah – eastern harrah qibliyah district (bani zafar). • on two streets, in a prime commercial location on the ascending belt road (al-hizam al-sa'id road). • a 46.5-meter frontage on prince abdulmajeed street. • another frontage on a 20-meter-wide street. • close to the prophet's mosque and the central area. • easy access to the main roads leading to the prophet's mosque and the city's facilities. land and property details: • land area according to the title document: 1,177.32 m². • property type: commercial land with existing buildings. • the location features multiple frontages and offers commercial and investment potential. current property components: commercial shops: • 6 existing commercial shops. residential building: • a two-story building. • includes 3 residential apartments. • each apartment consists of 4 rooms and 2 bathrooms. rear rooms: • a large courtyard at the rear. • includes 8 rooms designated for bachelor housing. current rental income: • total annual income: sar 500,000. 🏨 hotel development opportunity: • a feasibility study is available for developing the site into a 4-star hotel. • the study was prepared by an accredited engineering office. • development concept with a height of up to 12 floors. • an opportunity to benefit from the commercial location and proximity to the prophet's mosque in a hotel project serving visitors to madinah, subject to regulatory approvals and requirements. 💰 asking price: sar 17,000,000 🏢 ghazarah real estate company real estate marketing – property management – buying and selling advertisement license: 7201205066