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reference # 15517
Located in Nachlaot, one of the city’s most colorful ethnically and religiously diverse neighborhoods, bordering on Rechavia and the city center which is currently undergoing an exciting gentrification program to recreate a thriving down-town area.
The property is nestled in a secluded quiet lane and is a two storey old building on a separate lot with a large wrap-around garden which provides a peaceful green refuge right in the heart of the city.
The building presently consists of two apartments one on each level with original Arab style floor tiles and many inviting balconies. The present building is 180 square meters and presents an opportunity of adding another floor as the present zoning for the area is for 90 percent building rights.
This desirable property could also be attractive for a developer as many of the surrounding residential buildings are already four or five stories.
The city plan is generally favorable to allowing additional building rights in these neighborhoods.
Asking Price: 5,000,000 N.I.S
Corrinne Davar Property Consultants
Derech Beit Lechem 38/1
Jerusalem 93504
Tel: +972-2-673-3385
Fax: +972-2-673-3134
e-mail: corrinne@netvision.net.il
All information deemed reliable
but not guaranteed.
Listed subject to errors, omissions, change in price, prior sale, rent
and withdrawal without notice.
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