רחוב לבנדה, תל אביב

Levanda Street, Tel Aviv — For sale

Unlock a prime investment opportunity in the heart of Tel Aviv with this apartment on the sought-after Levanda Street. This property is a golden ticket for a savvy investor, as it is already signed for a "Pinui Binui" (urban renewal) project with the 'Hachsharat Hayeshuv' company. The approved plan will transform this property, adding 12 sqm of interior space, a 12 sqm sun balcony, a private parking space, and a storage unit, promising a significant increase in future value. The current 40 sqm apartment consists of 1.5 rooms and is located on the 4th and top floor. It is currently tenanted, providing immediate rental income while you await the project's commencement. Please note that the apartment is in poor condition and requires a complete and total renovation, as accurately reflected in the photos. This is an ideal purchase for an investor focused on the substantial future upside rather than the present condition.