הצפון הישן - החלק הצפוני, תל אביב יפו

The Old North - Northern Part, Tel Aviv-Yafo — For sale

An exceptional entrepreneurial and development opportunity in the highly coveted Old North of Tel Aviv. Situated on a quiet, highly desirable alleyway just minutes from Ben Gurion Boulevard, Dizengoff Street, and the famous Gordon Beach, this property offers incredible potential for developers and visionary investors. Currently, the property consists of a 330 sqm lot housing an existing building with 6 apartments and approximately 500 sqm of built space. However, the true value lies in the approved Quarter 3 plan potential: the opportunity to demolish the current structure and construct a spectacular, brand-new 6-story boutique project. The proposed future development allows for 12 luxury apartments with approximately 850 sqm of new build space (960 sqm equivalent) and two levels of underground parking. As showcased in the provided architectural renders, this project could feature stunning modern facades, large glass balconies, and a breathtaking rooftop penthouse with a private pool and panoramic sea views. With an estimated revenue potential of up to 70 million ILS, this is a rare chance to leave a lasting mark on Tel Aviv's most prestigious neighborhood.