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   10
For Sale property id: 76946291
USD 13,817,758 Mortgage Calculator
ILS 50,000,000
  • 5 bedrooms
  • 3 bathrooms
  • 549.9994677408 m²
  • Land Size
    300 m²

Description

This exceptional property, located in the heart of Tel Aviv, is a historic and eclectic building originally designed in 1926 by Yehuda Magidovich, the city's first Chief Engineer and a key figure in its architectural heritage. Recognized as part of Tel Aviv's White City and designated for preservation, the property is ideally positioned on a sought-after street near Rothschild Boulevard, offering proximity to prominent leisure and business hubs.
Spanning 300 m2, it includes building permits for approximately 550 m2 of development, suitable for a private residence such as a townhouse or an apartment building. As part of a preservation and renewal project, the original 3-story structure will be enhanced into a 5-story building, featuring modern amenities such as parking facilities, an elevator, a basement, and a rooftop area, while maintaining its historical integrity.

For further details, please feel free to contact us.

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