Building for sale in okaz, south riyadh
Area: 900 sqm
Built-up Area: approx. 1,700 sqm
Facade: Eastern – 60m wide street
Dimensions: 30m × 30m
Income:
The apartments are leased under one contract for 11 years:
- 300 thousand SAR for the first 5 years
- 400 thousand SAR for the next 5 years
Halls not yet rented. Estimated full rental income: 700 thousand – 800 thousand SAR
Consists of: 5 commercial halls + 15 apartments
- 3 reinforced underground tanks
- Pump, emergency stairs, and complete wiring
- High-end finishing
- Previously licensed as medical clinics
- 20 electric meters, each hall with 150 amps
- 15 clinic suites, each with 30 amps
- Luxury elevator with 4 stops, cost 70 thousand SAR
- Water meter and sewage connected
- All building documents are in order
- Apartments fully furnished with new items: ACs, kitchens, fridges, bedding, and bedrooms
- Building permit (Fasah): Commercial building and furnished apartments – Issued in 1436 AH
Built-up Area: approx. 1,700 sqm
Facade: Eastern – 60m wide street
Dimensions: 30m × 30m
Income:
The apartments are leased under one contract for 11 years:
- 300 thousand SAR for the first 5 years
- 400 thousand SAR for the next 5 years
Halls not yet rented. Estimated full rental income: 700 thousand – 800 thousand SAR
Consists of: 5 commercial halls + 15 apartments
- 3 reinforced underground tanks
- Pump, emergency stairs, and complete wiring
- High-end finishing
- Previously licensed as medical clinics
- 20 electric meters, each hall with 150 amps
- 15 clinic suites, each with 30 amps
- Luxury elevator with 4 stops, cost 70 thousand SAR
- Water meter and sewage connected
- All building documents are in order
- Apartments fully furnished with new items: ACs, kitchens, fridges, bedding, and bedrooms
- Building permit (Fasah): Commercial building and furnished apartments – Issued in 1436 AH
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Bayut IDBayut - 87667025
- CompletionReady
- FurnishingUnfurnished
- Added on15 May 2025
REGA Verified Information
- 1100034598FAL License Number
- 7100168898Advertising License Number
- 10 May 2025License Issue Date
- 9 May 2026License Expiry Date
Location
- Regionمنطقة الرياض
- CityRiyadh
- DistrictOkaz
- Street Nameالصحراء الليبية
- Postal Code14723
- Building No3408
- Additional No8388
- Latitude24.534720005845223
- Longitude46.661852358381644
Property Specs
- Advertisement TypeFor Sale
- Listing Usage-
- Listing TypeCommercial Building
- Price7500000
- Area Size900
- Number of Rooms30
Utilities
- No Service
Additional Information
- Listing Age10+ years
- Street Width60
- Plan Number2153
- Deed Number410120047330
- Listing FaceEastern
- Borders and Lengths-
- Guarantees and Duration-
- ChannelsLicensed platform, Bulletin board, Social media platforms
- Obligations on Listingمرهون لمصرف الراجحي ومتبقي 900 ألف
- Compliance with Saudi Building CodeYes
- Is Listing PawnedYes
- Is Listing ConstrainedYes
- Land Number581
- Notes-
Property Borders
North
East
West
South
Loan Calculator
Location & Nearby
The location is fetched and verified by REGALocation Description as per Deed:حي عكاظ في مدينة الرياض
Location
Schools
Restaurants
Hospitals
Parks
Abdullah Mohammed Abdullah Al Shaalan Real Estate Establishment
Agent:Abdullah Mohammed Abdullah Al Shaalan Real Estate Establishment
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