Luxury Urban Renewal Opportunity in the German Colony

Sale Price5,450,000($ 1,756,931)

Property ID: 69140

Square Meters: Sq. Meters 101

Neighborhood: German Colony

Rooms: 4

Bedrooms: 3

Bathrooms: 2

Floor: 2

Elevator: Yes

Parking Spaces: 1

Storage: Yes

Air Conditioning: Yes

Succah Balcony: Yes

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Property Description

For sale on HaMagid Street in the heart of the German Colony.

A prestigious, signed urban renewal (Pinui-Binui) project, approaching tenant evacuation.

Current apartment: A 2-bedroom apartment of 76 square meters, with a Sukkah balcony and a 20 sqm storage room. Currently rented for NIS 6,500 per month.

Future replacement apartment: A 3-bedroom apartment of 101 sqm, plus a 12 sqm Sukkah balcony.

High-end specifications, a luxurious lobby, Shabbat elevator, private parking, and a storage room.

Expected start of construction: Q1 of 2027.

Contact Us

Lidor Harush
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+972-54-5357104
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+972-2-5672030
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