ProperTLV

Exclusive Listing | Rare Investment Opportunity in the Heart of Tel Aviv - Old North

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Property ID : 90014626

For Sale ₪4,670,000 - Apartment
701 Bedroom1 Bathroom Print this page

Located on the corner of HaYarkon Street and Aharonson — just a short walk from the beach — this unique 3-room apartment presents a compelling dual opportunity for savvy investors. Currently divided into two income-producing units (a studio and a 1-bedroom), the property generates approximately ₪13,000 per month in rental income, offering strong immediate returns in one of Tel Aviv’s most desirable and appreciating corridors. Spanning approximately 70 sqm, the 2nd floor apartment features large storefront-style windows facing Aharonson Street that flood the space with natural light. Beyond the current income, the building carries potential for a future Pinui-Binui urban renewal project — which, subject to approvals and execution, could result in a brand-new 3-room apartment with a balcony and sea views. Strong cash flow today, significant upside tomorrow. Asking Price: ₪4,670,000. Brokerage Fee: 0.5% + VAT.

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