For Sale: Unique Property with Lots of Potential in Rechavia

₪ 13,000,000

Description

A special opportunity to buy a penthouse apartment with lots of building potential, in the heart of Rechavia.

This apartment is centrally located, and very spacious. It’s an 150 sqm penthouse built on the entire top floor of a small building. The apartment has 4 bedrooms, 3 bathrooms, high ceilings, 4-direction cross-breeze, and approximately 100 sqm of balconies with beautiful Jerusalem views. The floor is approximately 220 sqm in total. In addition there is a 25 sqm unit that’s sold along with the apartment. The unit is on the edge of the building’s property, it was recently renovated and is now being rented out.

There are building rights to add 1.5 floors on the roof, adding another 350 sqm to the apartment. As well as a strong potential for the building to go through a TAMA 38 strengthening and expansion project, after witch the apartment could total in 740 sqm.

This is a wonderful and unique opportunity, I’d love to answer any further questions!

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