Land for Sale in Al Kharj Al Khuzamy

§5,001,180 § 4,824,600Discount4%
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distinguished commercial residential land for sale in al-khuzama neighborhood in al-kharj governorate total area: 2,193.5 square meters the land is located on a corner of two streets: - south street 25 meters wide - side street 10 meters wide opening directly to spacious mosque parking the location is very distinguished in the heart of a fully serviced residential neighborhood, close to prince sattam university, opposite the supply island, directly behind the mosque, with ample parking serving the project and visitors. the land has building permits and a ready plan for an investment project consisting of: - two buildings with two and a half floors - approximately 68 suites - each suite contains a sitting room, living room, kitchenette, kitchen, bathroom, and additional bedroom two suites can be combined to become 34 apartments according to the investor's preference. the project also includes: - 8 commercial shops - a shop designated for an atm - a gym on the roof dedicated to project residents the project is very suitable for student housing due to its direct proximity to the university, and is also suitable for any residential or investment activity. a feasibility study has been prepared for the project, and the expected income if 68 suites are rented ranges annually between: two million riyals to two and a half million riyals annually based on monthly suite rent from 2,700 riyals to 3,000 riyals, including commercial shop income. the project is distinguished by having exclusive commercial shops in the opposite neighborhood, with no licensed competitor in the area, in addition to demand from the building's own residents.
Listing Details
Property Type
Residential
Street width
25m
Area
2,193m²
Meter price
§2,200
Features
Advertiser Info
شركة مساكن طويق
4 Review
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