Building for Sale in Hamra

Description

PRICE: 175,000$ + 2.5%Commission

General Information
• Location: Hamra – Commodore street
• Land Size: 480 sqm
• Built-Up Area (BUA): 1,750 sqm
• Zone: 3
• Structure: 7 Floors

Unit Breakdown
• Total Apartments: 42 Units
• Studios
• One-Bedroom Units
• Two-Bedroom Units
• Commercial: 3 Stores
• Storage: 1 Warehouse

Technical Features & Planning
• Full architectural, electrical, water, and smart door plans available
• Building Completion Status: 80% finished
• Remaining 20% completion cost: Up to $500,000 (as per engineering study)
• 1 Elevator installed
• Isolated generator room
• Building laundry room for up to 6 washing machines
• Staff room including kitchen & bathroom
• Each floor includes a service room


• Key Advantages:

• Prime Hamra location suitable for rental income or furnished apartment model.
• Mixed-use building offering residential + retail revenue streams.
• Minimal remaining CAPEX for completion.

Opportunity Assessment
This building presents a strong investment opportunity due to its strategic location in Hamra,
diversified unit mix, and near-completion status. The remaining investment (~$500k) is low relative
to total BUA and potential ROI. Ideal for long-term rental income, serviced apartments, or student


For more info: do not hesitate to contact us +96181******
NS131175
RO