Building for sale with building rights in the heart of Jerusalem

38,000,000

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Building for sale with building rights in the heart of Jerusalem

38,000,000

Building for Sale in Zichron Moshe Neighborhood, Jerusalem – A Rare Investment Opportunity!
Zichron Moshe, one of the most sought-after neighborhoods in Jerusalem, offers you the chance to invest in a property with high appreciation potential. Located on Peri Hadash Street, this high-quality area blends urban convenience with a quiet atmosphere, ideal for families and young couples.

Property Details:

  • Lot size: 633 sqm

  • Built area: 720 sqm (including 2 floors)

  • Building footprint on the lot: 60%

  • The building is divided into 11 apartments (10 owned by the seller), each with a private entrance (no internal staircase).

  • Current monthly rent for all 10 units: ₪82,000

The building has been thoroughly renovated to a high standard. The interior layout of the apartments is optimal, providing each tenant with personal and separate living space. This investment offers stable and secure income, especially with the area’s appreciation potential.

Key Features of Zichron Moshe Neighborhood:

  • Prime Location: Close to business centers, public transportation, shopping malls, restaurants, and educational institutions.

  • High Demand: Property prices are consistently rising; the area is ideal for quality living with high demand and limited supply.

  • Future Development Potential: Ongoing city investments suggest continued price increases and infrastructure upgrades.

Investment Highlights:

  • High Monthly Income: The property generates ₪82,000 in rent, positioning it as a solid short-term investment.

  • Significant Expansion Potential: Additional building rights allow expansion of 600 sqm, totaling 1,320 sqm – ideal for more rentals or profitable sale.

  • Long-Term Value Growth: High-standard renovation with potential for further enhancement guarantees long-term value appreciation.

  • Parking Opportunities: Rights to build parking spots can significantly raise property value, especially in Jerusalem.

  • High and Future-Proof Return: The current yield and expansion potential make this a highly profitable long-term real estate opportunity in a growing Jerusalem market.

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