Residential Compound duplex with park For Sale In Al Arid, North Riyadh

Advertiser Registration Number: 1010147112
Advertiser License Number: 108582
Authorization Code:

Residential Compound For Sale In Al Arid, North Riyadh
The Compound is fully leased
Area: 2406 SQM
North of King Salman Road near the Lubna Olayan Compound
On two opposite streets 36M and 20M
The Compound consists of 11 duplexes, a reception, and administration building
The building area of each duplex is approximately 310 SQM, and it consists of a saloon, a hall, a kitchen, and 2 bathrooms on the ground floor
3 bedrooms, 3 bathrooms, and a hall on the first floor
A bedroom, a hall, a bathroom, a laundry room, a seating area on the second floor, and a private roof
The administration building consists of a reception, a sitting room, a guard room, and 2 bathrooms on the ground floor
Gym, bathroom, and kitchen on the first floor
2 offices and 2 bathrooms on the second floor
There is an elevator in the administration building
All duplexes and the administration building overlook an internal garden
The Compound is leased with one contract for a period of 10 years, at an amount of 1 million and 100 Thousand SAR Yearly for the Riyadh River Schools Compound
Starting from 08/15/1436
The rent was received for the first 6 years and the remainder of the contract is 4 years, renewable for a future period
Income 7%

Selling price: 14 Million SAR