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Prime Development Opportunity – Plot No. 118,, Al Khuwair 0
1 / 4
OMR 505,000

Prime Development Opportunity – Plot No. 118,, Al Khuwair

Al Khuwair, Muscat
3 weeks ago

Details

PurposeFor Sale
Area (m²)1,093

Description

Plot 118 located in Al Khuwair, Wilayat Boushar, represents a well-positioned mixed use development opportunity within one of Muscats established area. Situated in Phase 3, the site benefits from strong accessibility and proximity to key business and lifestyle hubs. Plot No. 118 has permission for a mixed-use development in an area which has high demand and is in a centrally located area of Muscat. With efficient parameters, and strong infrastructure, the property presents a compelling investment for developers seeking rental returns and long-term value. Location Advantage Al Khuwair is a well-established urban centre known for its vibrant mix of commercial, residential, retail, hospitality developments and educational institutions. The property benefits from central connectivity to major arterial roads, proximity to educational institutions, corporate offices, ministries, hotels and retail destinations which creates a strong demand for residential apartments and a strong surrounding population driving demand for office and retail space. This is a corner plot, enjoys a frontage of 20 m wide road with additional access from a 12 m road adjoining the plot. Residential / Commercial (Mixed-use) Mid-rise development opportunity High occupancy potential and rental returns Direct frontage on a 20m wide road Property Overview Location: Al Khuwair, Bousher Plot Number: 118 | Phase: 3 | Land Area: 1,093 sqm Zoning: Residential / Commercial (Mixed-use) Development Parameters as per Krookie Height Limit: 17 meters Building Coverage: Up to 80% Suitable for office buildings, retail showrooms, and mixed-use developments. Accessibility & Infrastructure Direct frontage on a 20m wide road Secondary access via a 12m wide road On-site parking provision required Additional external area of approximately 199 sqm

Location

Oman
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